Nona Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.

Direct materials (8 pounds at $2.50 per pound) $20 Direct labor (3 hours at $12.00 per hour) $36 During the month of April, the company manufactures 235 units and incurs the following actual costs.
Direct materials purchased and used (1,900 pounds) $5,035 Direct labor (700 hours) $8,260 Instructions Compute the total, price, and quantity variances for materials and labor.AppendixLO1