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

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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 $1.60 per pound) Direct labor (3 hours at $11.00 per hour) $9.60 $33,00 During the month of April, the company manufactures 180 units and incurs the following actual costs. Direct materials purchased and used (2.400 pounds) $4,320 Direct labor (560 hours) $6,048 Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ 5 Materials quantity variance $ Total labor variance $ Labor price variance $ > Labor quantity variance $

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