Name $q,$

ACCT $2020$

CHAPTER $10$

LEARNING CASE

Dawson Toys produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy:

$\backslash$table$[[$Direct Materials:,$\backslash$table$[[$Standard Quanity or$],[$Hours per Toy$]],\backslash$table$[[$Standard Price or$],[$Rate$]]],[6$ microns,$$1\mathrm{.}50$ per micron$],[21\mathrm{.}00$ per hour,$]]$

During September, the company prsduced $3,000$ Maze toys. The toy's actual production data for the month is below:

$\backslash$table$[[$Direct Materials acutally purchased and used,$20,000$ microns$],[$Actual cost of Direct Materials purchased & used,$$29,600$