For the drop down on labor and materials the options are: favorable, unfavorable, and not applicable.

During the month of April, the company manufactures 520 units and incurs the following actual costs. Compute the total prices and quantity variances for materiats and labor. Identify whether each variance is fivoroble or unfivoriable Compute the total, price, and quantity variances for materials and labor, identify whether each variance is favoratle or unfavorable