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Which of the following statements is (are) true? a. If the standard to produce a given amount of product is 2,000 units of direct materials at ₱12 and the actual was 1,600 units at ₱13, the direct materials quantity variance was ₱5,200 favorable. b. If the standard to produce a given amount of product is 1,000 units of direct materials at ₱11 and the actual was 800 units at ₱12, the direct materials price variance was ₱800 unfavorable. c. both a and b d. neither a nor b
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