Tommy's Toys produces two types of toys: trains and dolls.Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls.Information regarding the usage of steel and plastic for the past year follows:

What is the direct material quantity variance for plastic in the dolls?

Question

Tommy's Toys produces two types of toys: trains and dolls.Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls.Information regarding the usage of steel and plastic for the past year follows:

What is the direct material quantity variance for plastic in the dolls?

Quizplus · Accepted Answer

C)
Flexible Budget Variance = Price Variance + Quantity Variance
$522 F = $900 F + $378 U
$522 = $900 - $378

Tommy's Toys Produces Two Types of Toys: Trains and Dolls