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 quantity variance and the reason for the variance? YOUR ANSWER CORRECT ANSWER $100 favorable because the lower quantity of ingredients used was partially offset by the unfavorable price variance $100 unfavorable because the higher quantity of ingredients used was partial- ly offset by the favorable price variance $300 unfavorable because the actual quantity of ingredients used was more than the standard quantity allowed $300 favorable because the actual quantity of ingredients used was less than the standard quantity allowed