Which of the following is true? Multiple Choice If the actual quantity of materials used in production is more than the standard quantity allowed the materials price variance will be unfavorable If the actual hourly labor rate is less than the standard hourly rate, the labor rate variance will be unfavorable. If the actual hourly labor rate is more than the standard hourly rate, the labor efficiency variance will be unfavorable. If the actual quantity of materials used is more than the standard quantity allowed the materials quantity variance will be unfavorable