Oxford Co.has a materials standard of 2.1 pounds per unit of output.Each pound has a standard price of $10 per pound.During February,Oxford Co.paid $57,220 for 4,840 pounds,which were used to produce 2,400 units.What is the direct materials quantity variance?
A) $2,000 unfavorable
B) $2,000 favorable
C) $6,820 favorable
D) $6,820 unfavorable
Correct Answer:
Verified
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