Oxford Co. has a material standard of 2.1 pounds per unit of output. Each pound has a standard price of $18 per pound. During February, Oxford Co. paid $57,900 for 4,870 pounds, which were used to produce 2,430 units. What is the direct materials quantity variance? (Do not round your intermediate calculations.) $1,120 unfavorable $9,580 unfavorable $8,820 favorable $4,194 favorable