The ectual cost of raw materials is $10.50 per pound. The budgeled cost of raw materials is $11.25 per pound. During the current period, 10.000 pounds wore usod in the production process. The standard usage for actual units produced is 9,800 pounds, Calculate the matorial price variance. $7,500 unlavorable $7,350 favorable $7,350 unfevorable $7,600 favorable