High Company manufactures model airplanes, During the month, if manufactured 10,000 airplanes. Each one used is average of 1.5 sheets of aluminum. Materials and labor standards for making the airplanes are: Direct material (3 sheet of aluminum @ $10,000 $20,000. Direct material (other accessories $608.75) $8.75. Direct materials labor (0.5 hours @ $7.00) 45.50. Refer Figure 10 l Compute standard number the airplanes, an 10,000 airplanes. 20,000 sheets. 10,000 sheets. 15,000 sheets. 11, 350 sheets. Seaside's company produces picture frames. During the year 190,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows. Direct materials (2 pieces of wood @ 52.30) $5.00 Direct labor (2 hours @ 10) $20.00. Seaside purchased and adjusted 400,000 pieces of wood at $2,00 each and its actual labor hours were 360,000 hours at a wage of $10.50. Refer to Figure 10-5. What is the materials price variance? $230,000 F $212, 500 U $200,000 F $170,000 U Refer to Figure 105. What is the materials usage variance? $62, 500 F $50,000 U $45,000 F S50,000 F