Oxford Co. has a material standard of 21 pounds per unit of output. Each pound has a standard price of $14 per pound. During February. Oxford Co. paid $57,300 for 4.910 pounds, which were used to produce 2470 units. What is the direct materials price variance? (Do not round your intermediate calculations.) Multiple Choice $12.000 unfavorab 0 $12,000 favorable C 0 S1140 favorable C) $11.440 unfavorable