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Oxford Co. has a materials standard of 2.1 pounds per unit of output. Each pound has a standard price of $14 per pound. During February,
Oxford Co. has a materials standard of 2.1 pounds per unit of output. Each pound has a standard price of $14 per pound. During February, Oxford Co. paid $57,600 for 4,890 pounds, which were used to produce 2,450 units. What is the direct materials price variance? Multiple Choice 0 $11,420 favorable 0 $11,420 unfavorable 0 $10,860 favorable 0 $10,860 unfavorable
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