Question: ( Select all that apply ) : Assume Green Bay Bike Co . anticipates spending $ 5 per pound on steel for each bike at

(Select all that apply): Assume Green Bay Bike Co. anticipates spending $5 per pound on steel for each bike at a standard quantity of 2 pounds per bike. If you pay a total of $5.50 per pound and use 2.2 pounds per bike, this will result in __________
Group of answer choices
A favorable materials quantity variance
A favorable total materials variance
An unfavorable total materials variance
An unfavorable materials price variance
A favorable materials price variance
An unfavorable materials quantity variance

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