Spending variances for each respective account are equal to:

(Select all that apply and assume the quantity of materials used is equal to the quantity of materials purchased)

Group of answer choices

DM: Static Variance - Price Variance

DL: Labor Rate Variance + Labor Efficiency Variance

VMOH: Production Volume Variance + Rate Variance

DM: Price Variance + Quantity Variance

DL: Labor Rate Variance + Labor Activity Variance