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The following data is given for the Stringer Company: Budgeted production 970 units 1,100 units Actual production Materials: Standard price per ounce $1.95 Standard ounces

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The following data is given for the Stringer Company: Budgeted production 970 units 1,100 units Actual production Materials: Standard price per ounce $1.95 Standard ounces per completed unit 11 Actual ounces purchased and used in production 12,463 Actual price paid for materials $25,549 Labor: Standard hourly labor rate $14.50 per hour 4.8 Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: 5,665 $86,391 Actual and budgeted fixed overhead Standard variable overhead rate $1,088,000 $28.00 per standard labor hour $158,620 Actual variable overhead costs Overhead is applied on standard labor hours. 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. $1,246.3 favorable b. $3,115.75 unfavorable c. $3,115.75 favorable Od. $1,246.3 unfavorable

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