Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (8 pounds at $2.50 per pound) $20 Direct labor (3 hours at $12.00 per hour) $36 During the month of April, the company manufactures 230 units and incurs the following actual costs. Direct materials purchased and used (1,900 pounds) $5,035 Direct labor (700 hours) $8,120 Compute the total, price, and quantity variances for materials and labor. Total materials variance $Entry field with incorrect answer now contains modified data Entry field with incorrect answer Materials price variance $Entry field with incorrect answer Entry field with incorrect answer Materials quantity variance $Entry field with incorrect answer Entry field with incorrect answer Total labor variance $Entry field with incorrect answer Entry field with incorrect answer Labor price variance $Entry field with incorrect answer Entry field with incorrect answer Labor quantity variance