What is the variable manufacturing overhead rate variance for June?

$$1,000$ unfavorable

$$1,000$ favorable

$$15,000$ favorable

$$15,000$ unfavorable

$$16,000$ favorable

$$16,000$ unfavorable

A candy factory makes one$-$pound boxes of candy. Each box should have about one pound of chocolate candy turtles, and the company expects to make $1,000$ of these boxes of candy this month. The ingredients for the candy are expected to cost $$3$ per box of candy.

During November, the factory made $1,200$ boxes of candy and used $1,300$ pounds of candy at a total material cost of $$3,700.$

Which statement is true regarding the materials price variance and the quantity variance in this situation?

Both the materials' price variance and quantity variance are unfavorable.

Both the materials' price variance and quantity variance are favorable.

The materials' price variance is favorable, and the quantity variance is unfavorable.

The materials' price variance is unfavorable, and the quantity variance is favorable.