Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. $27.20 $36.00 Direct materials (8 pounds at $3.40 per pound) Direct labor (3 hours at $12.00 per hour) During the month of April, the company manufactures 330 units and incurs the following actual costs. Direct materials purchased and used (2,670 pounds) $9,345 $11,918 Direct labor (1,010 hours) Journalize the entries to record the materials and labor variances. (Credit account titles are automatically indented whern amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 125.) Account Titles and Explanation Debit Credit To record materials price variance) (To record materials quantity variance) To record labor price variance) (To record labor quantity variance)