Blue Spruce Manufacturing. which produces a single product, has prepared the following standard cost sheet for one unit of ther Firoduct, During the month of April the company mantactures 320 units and incurs the following actual costs. Compute the total, price, and quantity variances for materials and laboc, Identify whether each variance is favorable or unfayorable Compute the total, price, and quantity variances for materials and labor. Identify whether each variance is favorable or unf avorable