Question 4 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 $2.80 per pound) $16.80 Direct labor (6 hours at $13.00 per hour) $78.00 During the month of April, the company manufactures 190 units and incurs the following actual costs. Direct materials purchased and used (1,210 pounds) Direct labor (1,170 hours) $3,509 $14,976 Journalize the entries to record the materials and labor variances. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record materials price variance) (To record materials quantity variance) (To record labor price variance) (To record labor price variance) (To record labor quantity variance) Click if you would like to Show Work for this question: Open Show Work