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3 of 7 < > During the month of April, the company manufactures 280 units and incurs the following actual costs. Direct materials purchased and
3 of 7 < > During the month of April, the company manufactures 280 units and incurs the following actual costs. Direct materials purchased and used (2,000 pounds) Direct labor (1,410 hours) Compute the total, price, and quantity variances for materials and labor. Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance Labor quantity variance $ $ $ $7,600 $13,959 $ 2480 400 2880 11159 141 11300 Favorable Unfavorable Favorable Favorable Favorable Unfavorable + 2.25 / 3
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