Assume (1) the materials spending variance is untavorable, and (2) the materials quantity variance is favorable. Given these assumptions, which of the following statements is true? Multiple Choice The materials price variance must be favorable. The materials price variance must be untovorable. The materais price wariance must be equal in amount to the materials quantity variance but unfavorable instead of favorable. The materials paice varance could be favorable or possibly unfovorable depending on the standard quantity of material allowed for the actusi level of outgut