(23, 24, and 25) Woodson wood Products, Inc., manufactures various items from wood. One of these products is a chair. During a recent month, the Company manufactured 1,700 chairs using 8,205 board feet of hardwood cost the company $32,000. The company's standards for one chair are 5 board feet of hardwood, at a cost of $3.85 per board foot. According to the standards, what cost for wood should have been incurred to make 1,700 chairs? How much greater or less Is this than the cost that was incurred (spending variance)? a $1,700 F b- $725 F C-$8,500 U 0-$32,000 F 24-(Referred to the information in question 23) Break down the difference computed in question 23) above into materials price variance -$410U b- $725 F C-$8,500 U d-$32,000 F 25-(Referred to the information in question 23) Break down the difference computed in (question 23) above into materials quantity variance 2-5410U - $725 F C-$1,135 F 6 Page