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Seaside Company produces picture frames. labor standards for producing the picture frames are as follows: Seaside purchased and used 400,000 pieces of wood at $2.00

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Seaside Company produces picture frames. labor standards for producing the picture frames are as follows: Seaside purchased and used 400,000 pieces of wood at $2.00 each and its actual labor hours were 360,000 hours at a wage rate of $10.50. What is the materiats price variance? $100,000F$112,500U$135,000F$170,000U

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