958 units Budgeted production Actual production 1,089 units Materials: Standard price per ounce $1.88 Standard ounces per completed unit 12 Actual ounces purchased and used in production 13,460 Actual price paid for materials $27,593 Labor: Standard hourly labor rate $14.33 per hour Standard hours allowed per completed unit 4.6 Actual labor hours worked 5,608.35 Actual total labor costs $85,527 Overhead: Actual and budgeted fixed overhead $1,041,000 Standard variable overhead rate $24.00 per standard labor hour Actual variable overhead costs $157,034 Overhead is applied on standard labor hours. Round your final answer to the nearest dollar. Do not round interim calculations. The direct materials price variance is Oa. $2,288.2 favorable Ob. $5,720 5 favorable Oc. $5,720.5 unfavorable Od. $2,288.2 unfavorable