1.) Mamba company reported a favorable materials price variance and an unfavorable materials quantity variance Based on these variances, what is the most likely conclusion that will be made by Mamba company's cost accountant? A) The actual cost per unit of materials was less than the standard cost per unit. B) The actual usage of materials was less than the standard allowed. C) More materials were purchased than were used. D) More materials were used than were purchased. 2. Which of the following phrases correctly describes a standard? A) A per unit budget that assumes peak efficiency at all times B) A benchmark to measure performance C)An Allowance for machine performance DjThe effort that should be expended by an average worker