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The following data are given for Stringer Company: Budgeted production 928 units Actual production 1,022 units Materials: Standard price per ounce $1.89 Standard ounces per

The following data are given for Stringer Company:

Budgeted production 928 units
Actual production 1,022 units
Materials:
Standard price per ounce $1.89
Standard ounces per completed unit 10
Actual ounces purchased and used in production 10,527
Actual price paid for materials $21,580
Labor:
Standard hourly labor rate $14.76 per hour
Standard hours allowed per completed unit 4.2
Actual labor hours worked 5,263.3
Actual total labor costs $80,265
Overhead:
Actual and budgeted fixed overhead $1,200,000
Standard variable overhead rate $24.00 per standard labor hour
Actual variable overhead costs $147,372
Overhead is applied on standard labor hours.

The direct materials quantity variance is

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