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 $2.60 per kilogram) $15.60 Direct labour (2.70 hours at $10.00 per hour) $27.00 During the month of April, the company manufactures 210 units and incurs the following actual costs: Direct materials purchased and used (1,360 kg) $3,808 Direct labour (540 hours) $5,184 Calculate the total, price, and quantity variances for materials and labour. Materials Labour Price variance $ $ > Quantity variance $ $