Question 13 An unfavorable materials quantity variance indicates that: actual material price exceeds standard price. standard material allowed for output exceeds the actual usage of material standard material price exceeds actual price. actual usage of material exceeds the standard material allowed for output. 1330 Question 14 Comparing actual results with actual activity at standard prices and quantities will generate Price and quantity variances, but not activity variances. Quality, price, quantity, and activity standards Price, quantity, and activity variances. Activity and price variances, but not quantity variances