Q11.29: Bixby Motor Oil has been experiencing increasingly unfavorable materials quantity variances since March. The company discovered that the cause was an old machine that was wasting more materials than normal. If the standard quantity for 10,000 units is 15,000 pounds and the direct materials price standard is $1.52 per pound, which of the following sets of data may have warned the company about the problem? Actual quantity of 12,000 pounds used for the production of 10,000 units Actual price of $1.50 per pound incurred for the production of 10,000 units. Actual quantity of 17,000 pounds used for the production of 10,000 units. Actual price of $1.55 per pound incurred for the production of 10,000 units. A B C D