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The following data are given for Stringer Company: Budgeted production 971 units Actual production 1,081 units Materials: Standard price per ounce $1.94 Standard ounces per

The following data are given for Stringer Company:

Budgeted production 971 units
Actual production 1,081 units
Materials:
Standard price per ounce $1.94
Standard ounces per completed unit 11
Actual ounces purchased and used in production 12,248
Actual price paid for materials $25,108
Labor:
Standard hourly labor rate $14.10 per hour
Standard hours allowed per completed unit 4.6
Actual labor hours worked 5,567.15
Actual total labor costs $84,899
Overhead:
Actual and budgeted fixed overhead $1,110,000
Standard variable overhead rate $24.00 per standard labor hour
Actual variable overhead costs $155,880
Overhead is applied on standard labor hours.

The direct materials quantity variance is

a.1,346.88 favorable

b.1,346.88 unfavorable

c.692.58 unfavorable

d.692.58 favorable

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