How can a straddle be created? Buy one call and one put with different strike prices and same expiration date Buy two calls and one put with the same strike price and expiration date Buy one call and two puts with the same strike price and expiration date Buy one call and one put with the same strike price and same expiration date

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.