Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.
Direct materials (9 pounds at $2.20 per pound) $19.80Direct labor (1 hours at $11.00 per hour) $11.00
During the month of April, the company manufactures 310 units and incurs the following actual costs.
Direct materials purchased and used (1,600 pounds) $3,680Direct labor (330 hours) $3,564
Compute the total, price, and quantity variances for materials and labor.