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

Question 176

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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:
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 price variance for steel used to manufacture the trains? A) $625 favorable B) $103 favorable C) $625 unfavorable D) $103 unfavorable
What is the price variance for steel used to manufacture the trains?


A) $625 favorable
B) $103 favorable
C) $625 unfavorable
D) $103 unfavorable

Correct Answer:

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