9 Oxford Co. has a materials standard of 2.1 pounds per unit of output. Each pound has a standard price of $13 per pound. During February, Oxford Co. paid $58,100 for 4,900 pounds, which were used to produce 2,490 units. What is the direct materials price variance? Skipped Multiple Choice $5,600 favorable $6,160 unfavorable $5,600 unfavorable $6,160 favorable