$4.50 $20.00 Seaside 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 pleces of wood @ $2.25) Direct labor (2 hours @ $10) Seaside purchased and used 400,000 pleces 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 materials price variance? a. $135,000 b. 5112.500 U C. 5170,000 U d. $100.000 F