Standard Costs and Balanced Scorecard

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

Direct materials $(8$ pounds at $$2\mathrm{.}50$ per pound$)$ $$20$

Direct labor $(3$ hours at $$12\mathrm{.}00$ per hour$)$ $$36$

During the month of April, the company manufactures $230$ units and incurs the following actual costs.

Direct materials purchased and used $(1,900$ pounds$)$ $$5,035$

Direct labor $(700$ hours$)$ $$8,120$

Compute the total, price, and quantity variances for materials and labor.