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urgent! due in 5 min ! is this right? Mercer Co. produces plastic cannisters. Each cannister requires 4.7 ounces of plastic. During November, 450,000 cannisters

urgent! due in 5 min ! is this right?
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Mercer Co. produces plastic cannisters. Each cannister requires 4.7 ounces of plastic. During November, 450,000 cannisters were produced using 1,875,000 ounces of plastic. The actual cost of plastic was $0.10 per ounce and the standard price was $0.08 per ounce. There are no beginning or ending inventories of plastic. What is the materials price variance? Was it favorable or unfavorable? $37.500 unfavorable $37.500 favorable 0 $42.500 favorable $42.300 unfavorable

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