XI. Determine the spending variance using the following data and indicate whether the price, quantity and spending variance is favorable or unfavorable. Shoo-Shu, Inc. uses the following direct material standard to manufacture king size mattresses: 17.5 pounds per mattress at $23.89 per pound. Last week, 13,419 pounds of material were purchased and used to make 763 mattresses. The total material cost was $317,504