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Table Manufacturing Company produce one style of tables the following data pertains to producing one table Planned production per month Units (one table) 100 Piece

Table Manufacturing Company produce one style of tables

the following data pertains to producing one table

Planned production per month

Units (one table) 100

Piece of wood (M) 20

Estimated M price $30

Actual production

Quantity purchased (QP) $18

Actual Price (AP) $34

The calculated material price variance is?

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