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The following data is given for the stringer Company: Budgeted production 1,034 units Actual production 913 units Materials: Standard price per ounce $1.78 Standard pounds

The following data is given for the stringer Company:

Budgeted production 1,034 units
Actual production 913 units
Materials:
Standard price per ounce $1.78
Standard pounds per completed unit 10
Actual pounds purchased and used in production 8,856
Actual cost of materials $18,155
Labor:
Standard hourly labor rate $14.00 per hour
Standard hours allowed per completed unit 4.0
Actual labor hours worked 4,701.95
Actual total labor costs $71,705
Overhead:
Actual and budgeted fixed overhead $1,068,974
Standard variable overhead rate $27.00 per standard labor hour
Actual variable overhead costs $131,655
Overhead is applied on standard labor hours.

Determine the direct material quantity variance.

Select the correct answer.

2,391 F
2,391 U
488 F
488 U

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