Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (8 pounds at $2.50 per pound) $20 direct labor (3 hours at $12.00 per hour) $36 during the month of april, the company manufactures 230 units and incurs the following actual costs. direct materials purchased and used (1,900 pounds) $5,035 direct labor (700 hours) $8,120 compute the total, price, and quantity variances for materials and labor. total materials variance $entry field with incorrect answer now contains modified data entry field with incorrect answer materials price variance $entry field with incorrect answer entry field with incorrect answer materials quantity variance $entry field with incorrect answer entry field with incorrect answer total labor variance $entry field with incorrect answer entry field with incorrect answer labor price variance $entry field with incorrect answer entry field with incorrect answer labor quantity variance