Swifty 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) $9.60 Direct labor (3 hours at $11.00 per hour) $33.00 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 (560 hours) $6,048 Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Unfavorable Materials price variance $ Unfavorable Materials quantity variance $ Unfavorable Total labor variance $ Unfavorable Labor price variance $ Favorable Labor quantity variance $ Unfavorable