Amber isolates price variances at the time of purchases. What is the materials price variance for Year 1?

Amber Company has a manufacturing facility in Brooklyn that manufactures robotic equipment for the auto industry. For Year 1. (Click the icon to view the data.) Amber isolates price variances at the time of purchase. What is the materials price variance for Year 1? - 1. $200 favorable 2. $200 unfavorable 3. $120 favorable 4. $120 unfavorable Data table - 200 units 120 units Actual quantity purchased Actual quantity used Units standard quantity Actual price paid Standard price 90 units $11 per unit $12 per unit Print Done