The following information is used for the question below. HakardPewlitt is producing a new model of laser printer, the Id10t. Being the production manager for the casing, you have been given the task of figuring out the materials variances for the printer's outer casing. The raw material for the casing is plastic pellets to be melted and formed into the various pieces for the casing. The standard material price is $7.50 per Kg of plastic pellets. The HakardPewlitt recently purchased and used 21 500 Kg for a price of $6.00 per Kg. To produce the current quarter's output of the Id10t should require 22 750 Kg. What is the Materials Price Variance for HakardPewlitt? Question 37 options: $9375 Favourable $34 125 Favourable $7500 Unfavourable $32 250 Favourable