Table Manufacturing Company produces one style of tables.

Table Manufacturing Company produces one style of tables.the following data pertain to producing one tablePlanned production/month units (one table)50Piece of woods (M)19Estimated M price$20Actual production Quantity purchased (QP) from M20Actual price (AP)$19Material price variance?$19, Favorable$19, Unfavorable$20, Favorable$20, Unfavorable

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