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 $3.90 per pound) Direct labor (5 hours at $14.00 per hour) During the month of April, the company manufactures 270 units and incurs the following actual costs. Direct materials purchased and used (1,500 pounds) Direct labor (1,370 hours) Compute the total, price, and quantity variances for materials and labor. $31.20 $70.00 $6,150 $19,043 Total materials variance 24 Favorable Materials price variance 210 Unfavorable Materials quantity variance 234 Favorable Total labor variance 28 Unfavorable Labor price variance 278 Favorable Labor quantity variance Unfavorable