75 A candy factory makes one-pound boxes of candy. The factory expects to make 1,000 boxes of candy this month. The ingredients for the candy are expected to cost $3 per box. During November, the factory made 1,200 boxes of candy and used 1,300 pounds of candy at a total ingredients cost of $3,700. What is the material price variance and the reason for the variance? $200 unfavorable because the standard price of the ingredients was less than the actual price $100 unfavorable because the higher price of the ingredients was partially offset by the quantity variance $100 favorable because the lower price of the ingredients was partially offset by the quantity variance $200 favorable because the actual price of the ingredients was less than the standard price