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3 Oxford Co. has a material standard of 2.1 pounds per unit of output. Each pound has a standard price of $16 per pound. During
3 Oxford Co. has a material standard of 2.1 pounds per unit of output. Each pound has a standard price of $16 per pound. During February, Oxford Co. paid $57,000 for 4,870 pounds, which were used to produce 2.410 units. What is the direct materials price variance? (Do not round your intermediate calculations.) Multiple Choice $20.580 unfavorable a 320,020 tevorable 520,580 favorable O 520.020 bie
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