Question 20 Kopecky Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product: Direct materials (6 kg at $2.25 per kilogram) $13.50 Direct labour (2.30 hours at $12.00 per hour) $27.60 During the month of April, the company manufactures 240 units and incurs the following actual costs: Direct materials purchased and used (1,540 kg) $3,773 Direct labour (530 hours) $6,148 Calculate the total, price, and quantity variances for materials and labour. Materials Labour Price variance $ Quantity variance $ 69 Total variance $ $