JayCo Ltd. makes two kinds of nylon blend string for their tennis racquets. Nylon (the main ingredient) is purchased by the yard then blended with one of their two patented blends to make a Speed string and a Power string (both measured in packs). Jason is concerned about the cost of the string production and has asked you to do a variance analysis given the following information from last year: Calcualte the Direct Labor Spending Variance Calculate the Variable Overhead Spending Variance Based on what you found above, what are some ways that Jason could reduce costs