Robert 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 $12.00 per hour) $9.60 $36.00 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 (700 hours) $6,090 Compute the total price and quantity variances for materials and labor. $ > Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance $ $ Labor quantity variance Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ Favorable Neither favorable nor unfavorable Unfavorable Materials quantity variance $ Total labor variance $ Labor price variance $ Labor quantity variance