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Oxford Company has a materials standard of $2,19 pounds per unit of output. Each pound...

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Accounting

Oxford Company has a materials standard of $2,19 pounds per unit of output. Each pound has a standard price of $19 per pound. During February, Oxford Company paid $54,140 for 4,890 pounds at $20 per pound, which were used to produce 2,410 units. What is the direct materials quantity variance?
Multiple Choice
$7,370 fovorable
$5,740 unfavorable
$3,100 favorable
$1,100 unfavorable
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