The following data are given for Stringer Company: Budgeted production 914 units Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs 1,081 units $1.85 10 11,134 $22,825 $14.23 per hour 4.0 5,567.15 $84,899 $1,060,000 $24.00 per standard labor hour $155,880 Overhead is applied on standard labor hours. Do not round interim calculations. Round your final answer to the nearest dollar. The direct materials price variance is Oa. $2,227 favorable Ob. $5,567 favorable Oc. $5,567 unfavorable Od. $2,227 unfavorable