#4 please help

01:21:27 Exam 4 (Ch. 23-25) - /20 Question 4 of 5 View Policies Current Attempt in Progress Ayayai Manufacturing, which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (6 pounds at $2 per pound) $12 Direct labor (2 hours at $12 per hour) $24 During the month of April, the company manufactures 310 units and incurs the following actual costs. Direct materials purchased and used (1,920 pounds) $4,224 Direct labor (640 hours) $7,360 Compute the total price, and quantity variances for materials and labor. Identify whether each variance is favorable or unfavorable. Materials Labor Total Variance $ 0 $ Price Variance S 0 $ Quantity S Variance $ Attempts: 0 of 1 used Submit Answer 0 Progress uring, which produces a single product, has prepared the following standard cost sheet for roduct. s (6 pounds at $2 per pound) $12 hours at $12 per hour) $24 th of April, the company manufactures 310 units and incurs the following actual costs. is purchased and used (1,920 pounds) $4,224 40 hours) $7,360 otal, price, and quantity variances for materials and labor. Identify whether each variance is favorable. Materials Labor O O Attempts: 0 of 1 used Submit Answer 0 0 $ S