Solved

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

Question 16

Multiple Choice

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) $2625 favorable B) $703 favorable C) $2625 unfavorable D) $703 unfavorable What is the price variance for steel used to manufacture the trains?


A) $2625 favorable
B) $703 favorable
C) $2625 unfavorable
D) $703 unfavorable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions