Roses, Incorporated made a batch of flower arrangements that were sold to grocery stores for Valentine's Day. The standard and actual costs of the roses used in each arrangement are as follows: (Do not round intermediate calculations.) Number of roses per arrangement Price per rose Standard Actual 15 15.1 $1.50 $1.48 The company made and sold 550 of the Valentine's Day arrangements. Based on this information the materials price variance was Multiple Choice $166 Favorable. $166 Unfavorable. $82.5 Favorable. $82.5 Unfavorable