Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (6 pounds at $3.00 per pound) $18.00 Direct labor (6 hours at $14.00 per hour) $84.00 During the month of April, the company manufactures 150 units and incurs the following actual costs. Direct materials purchased and used (930 pounds) $2,976 Direct labor (930 hours) $12,834 Journalize the entries to record the materials and labor variances. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)