Assume a company purchased direct material at less than its normal price but it was of such poor quality that the workers struggled significantly to make it into the finished product. So to try to make up for some of the time lost, the manufacturing supervisor brought in more senior level workers from another part of the factory. Given these two situations, which of the following variances would likely occur? Multiple Choice O O An unfavorable material quantity variance and a favorable material price variance. O A favorable material quantity variance and an unfavorable material price variance. O A favorable material quantity variance and a favorable labor rate variance. O A favorable labor rate variance and an unfavorable labor efficiency variance. O A favorable labor efficiency variance and a favorable labor rate variance