A drywall tool for dispensing flexible trim material such as FLEXTRIM and ULTRALITE products, or any other flexible trim material, containing a head attached to an elongated handle, a drive wheel attached to the head for pulling the trim material from a roll, at least one roller for pressing the trim material into an interior or exterior corner and a cutter for cutting the trim material. A pair of rollers can be attached to a ferris wheel assembly to be swung into position for interior or exterior corners. The interior roller can resemble a pizza knife, and the exterior roller can be cylindrical of varying diameter shaped like two intersecting cones.