Ayayai Manufacturing. Which produces a single product, has prepared the followings 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 310 units and incurs the following actual costs. Direct materials purchased and used (1,920 pounds) $4,224 Direct labor ( 640 hours) $7,360 Compute the total, price. and quantity variances for materials and labor. Identify whether each variance is favorable of unfavorable. eTextbook and Media Attempts: 0 of 1 used