$1.96 10 The following data are given for Stringer Company: Budgeted production 958 units Actual production 1,073 units Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production 11,052 Actual price paid for materials $22,657 Labor: Standard hourly labor rate $14.18 per hour Standard hours allowed per completed unit Actual labor hours worked 5,525.95 Actual total labor costs $84,271 Overhead: Actual and budgeted fixed overhead $1,009,000 Standard variable overhead rate $25.00 per standard labor hour Actual variable overhead costs $154,727 4.4 Overhead is applied on standard labor hours. The direct materials quantity variance is Oa. 995.08 favorable Ob. 995.08 unfavorable Oc. 631.12 unfavorable Od. 631.12 favorable