Oxford Co. has a material standard of 21 pounds per unit of output. Each pound has a standard price of $13 per pound. During February. Oxford Co. paid $58,100 for 4.990 pounds, which were used to produce 2.490 units. What is the direct materials quantity variance? (Do not found your intermediate calculations.) Multiple Choice O $9.530 unfavorable O $3,107 favorable $1,070 unfavorable O $8,770 favorable