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The following data are given for Stringer Company: Budgeted production 958 units Actual production 1,085 units Materials: Standard price per ounce $1.91 Standard ounces per

The following data are given for Stringer Company:

Budgeted production 958 units
Actual production 1,085 units
Materials:
Standard price per ounce $1.91
Standard ounces per completed unit 12
Actual ounces purchased and used in production 13,411
Actual price paid for materials $27,493
Labor:
Standard hourly labor rate $14.03 per hour
Standard hours allowed per completed unit 4.6
Actual labor hours worked 5,587.75
Actual total labor costs $85,213
Overhead:
Actual and budgeted fixed overhead $1,153,000
Standard variable overhead rate $28.00 per standard labor hour
Actual variable overhead costs $156,457
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?

a.$4,694 favorable

b.$1,878 unfavorable

c.$4,694 unfavorable

d.$1,878 favorable

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