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

Direct materials (9 pounds at $1.90 per pound) $17.10

Direct labor (4 hours at $10.00 per hour) $40.00

During the month of April, the company manufactures 160 units and incurs the following actual costs.

Direct materials purchased and used (2,100 pounds) $4,410

Direct labor (680 hours) $6,664

Compute the total, price, and quantity variances for materials and labor.

Total materials variance		$enter a dollar amount		select an option Neither favorable nor unfavorableFavorableUnfavorable

Materials price variance		$enter a dollar amount		select an option FavorableNeither favorable nor unfavorableUnfavorable

Materials quantity variance		$enter a dollar amount		select an option FavorableUnfavorableNeither favorable nor unfavorable

Total labor variance		$enter a dollar amount		select an option FavorableUnfavorableNeither favorable nor unfavorable

Labor price variance		$enter a dollar amount		select an option FavorableNeither favorable nor unfavorableUnfavorable

Labor quantity variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable