Ayayai Manufacturing, which produces a single product, has prepared the following standard cos

Direct materials $(6$ pounds at $$2$ per pound$)$ $$12$

Direct labor $(2$ hours at $$12$ per hour$)$

$$24$

During the month of April, the company manufactures $530$ units and incurs the following actual co

Direct materials purchased and used $(3,460$ pounds$)$

$$7,612$

Direct labor $(1,090$ hours$)$

$$12,535$

Compute the total, price, and quantity variances for materials and labor. Identify whether each varia

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