Oxford Co Has a Material Standard of 2

Multiple Choice

Oxford Co. has a material standard of 2.1 pounds per unit of output. Each pound has a standard price of $10 per pound. During February, Oxford Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials quantity variance?

A) $2,000 unfavorable
B) $2,000 favorable
C) $6,820 favorable
D) $6,820 unfavorable