Which of the Following Statements Regarding Variances Is/are True

Multiple Choice

Which of the following statements regarding variances is/are true?
The actions that create a favourable direct material price variance
i. can result in an unfavourable direct material quantity variance
ii. are likely to create an unfavourable direct labour rate variance
iii. can result in an unfavourable direct labour efficiency variance

A) i
B) i and ii
C) i and iii
D) ii and iii