3 of 8 < > - / 1.75 Coronado Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (9 pounds at $1.80 per pound) $16.20 Direct labor (6 hours at $14.00 per hour) $84.00 During the month of April, the company manufactures 270 units and incurs the following actual costs. Direct materials purchased and used (2,500 pounds) $5,000 Direct labor (1,660 hours) $22,908 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 eTextbook and Media Save for Later > > > Neither favorable nor unfavorable Favorable Unfavorable Attempts: 0 of 3 used Submit