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: Product Names Steel Plastic Direct materials information Standard pounds per unit 3 lb. 0.5 lb. Standard Price (SP) per pound $3.00 ? Actual Quantity (AQ) used per unit 2.5 lbs. 1.5 lbs. Actual Price (AP) paid for material $1.25 $2.25 Actual Quantity Purchased (AQP) and used 2,400 lbs. 1,300 lbs. Price variance $2,431 F Quantity variance $338 U ? Flexible budget variance ? $2,241 F O A. $4,672 favorable B. $4,672unfavorable C. $190 unfavorable D. $190 favorable 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: Product Names Steel Plastic Direct materials information Standard pounds per unit 3 lb. 0.5 lb. Standard Price (SP) per pound $3.00 ? Actual Quantity (AQ) used per unit 2.5 lbs. 1.5 lbs. Actual Price (AP) paid for material $1.25 $2.25 Actual Quantity Purchased (AQP) and used 2,400 lbs. 1,300 lbs. Price variance $2,431 F Quantity variance $338 U ? Flexible budget variance ? $2,241 F O A. $4,672 favorable B. $4,672unfavorable C. $190 unfavorable D. $190 favorable