Instructions 2 pts Question 2 Becton Labs produces various chemical compounds. The standard and actual costs for direct materials for the period are: Standard costs Actual costs Direct materials 10,000 ounces at $1.00 9.987 ounces at $1.01 Which is true of the direct materials price and direct materials quantity variances? Both are favorable, The direct materials price variance is unfavorable; the direct materials quantity variance is favorable. O Both are unfavorable. The direct materials price variance is favorable: the direct materials quantity variance is unfavorable. Next Previous