1. The materials price variance is calculated by: comparing column 1 (AQ AP) and column 3 (SQ SP) comparing column 1(AQAP) and column 2(AQSP) comparing column 2 (AQ SP) and column 3( SQ SP) comparing column 2 ( AQSP) and column 3(AQAP) 2. Which of the following statements is true? The materials spending variance can be broken down into two components - the materials volume variance and the materiais quantity variance. The materials price variance can be broken down into two components-the materials speriding variance and the materials quantity variance. The materials quantity variance can be broken down into two components - the materiais price variance and the materials spending variance. The moterials spending variance can be broken down into two components -the materials price variance and the materials quantity variance