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Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. During the month of April,

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Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. During the month of April, the company manufactures 210 units and incurs the following actual costs. Journalize the entries to record the materials and labor variances. (Credit account titles are automatically indented when amount entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record materials price variance) (To record materials quantity variance) (To record materials quantity variance) (To record labor price variance) (To record labor quantity variance)

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