Zee Corporation has developed the following cost standards for the production of its leather backpacks: Standard Cost Leather (1.00 yards at $22.00 per yard) Direct Labor (1.30 hours at $9.00 per hour) Variable Overhead (1.30 hours at $14.00 per hour) per Backpack $ $ 22.00 9.10 EA $ 18.20 Variable overhead at Zee is applied on the basis of direct labor hours. The actual results for last month were as follows: Number of backpacks produced: 15,000.00 Direct labor hours incurred: 18,800.00 Yards of leather purchased & used: 14,500.00 Actual price per yard $ 21.15 Direct labor cost per hour $ 8.50 Variable overhead cost: $285,760.00 What will be the total variance (DM + DL + OH)? And state if the variance is favorable or unfavorable.