ting Question 2 View Policies Current Attempt in Progress Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Support 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 $ Materials price variance $ Materials quantity variance $ Total labor variance Labor price variance Labor quantity variance e Textbook and Media MacBook Air