21. 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 standard direct material price per pound for the plastic in the dolls?

$2.75/lb.

$4.18/lb.

$5.27/lb.

$2.44/lb.

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: Standard pounds per unit Standard Price (SP) per pound Actual Quantity (AQ) used per unit Actual Price (AP) paid for material Actual Quantity Purchased (AQP) and used Pride variance Quantity variance Flexible budget variance Number of units produced What is the standard direct material price per pound for the plastic 'n the dolls? r\". $2.75.\"). .5. $4.15!\"). rj. $5.2mb. rf. $2.44!\")