Blue Spruce Manufacturing, which produces a single product, has prepared the following standard cost sheet for one unit of the product.

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 $320$ units and incurs the following actual costs.

Direct materials purchased and used $(1,990$ pounds$)$

$$4,378$

Direct labor $(650$ hours$)$

$$7,475$

Compute the total, price, and quantity variances for materials and labor. Identify whether each variance is favorable or unfavorable.

$\backslash$table$[[$Total Variance,$$,$Materials,$],[\backslash$table$[[$Quantity$],[$Price Variance$]],$$$,$$$,]]$