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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

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

3lb.

1lb.

Standard Price (SP) per pound

$3.50

?

Actual Quantity (AQ) used per unit

2lbs.

3.5lbs.

Actual Price (AP) paid for material

$1.25

$2.50

Actual Quantity Purchased (AQP) and used

2,900lbs.

1,500lbs.

Price variance

?

$2,430F

Quantity variance

$1,400U

?

Flexible budget variance

?

$1,385F

Number of units produced

400

475

What is the direct material quantity variance for plastic in the dolls?

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