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help please Oxford Company has a materials standard of $2.23 pounds per unit of output. Each pound has a standard price of $23 per pound.
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Oxford Company has a materials standard of $2.23 pounds per unit of output. Each pound has a standard price of $23 per pound. During February, Oxford Company paid $54,540 for 4,880 pounds at $24 per pound, which were used to produce 2,400 units. What is the direct materials quantity variance? Multiple Choice $10.856 favorable $6,140 unfavorable $3,500 favorable $700 untavorableStep by Step Solution
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