1. Cinsider the town Actualitat Cost Actual Actual 1 Price 12.000 SISUSO Standard Material Cost Actual Standard Standard Standard ON Price Quantity Price 12.000 4.25 551.000 1.00 SES 5550230 1 Which of the following statements is true? 1. The result of A minus B equals the direct-material price variance 2. The result of B minus C equals the direct-material quantity variance 3. The result of A minus C equals the total direct-material cost variance 4. All of the statements are true