The following data is given for the Stringer Company:

Budgeted production	1,093 units
Actual production	930 units
Materials:
Standard price per ounce	$1.76
Standard pounds per completed unit	11
Actual pounds purchased and used in production	9,923
Actual cost of materials	$20,342
Labor:
Standard hourly labor rate	$15.00 per hour
Standard hours allowed per completed unit	4.0
Actual labor hours worked	4,789.5
Actual total labor costs	$73,040
Overhead:
Actual and budgeted fixed overhead	$1,115,114
Standard variable overhead rate	$25.00 per standard labor hour
Actual variable overhead costs	$134,106
Overhead is applied on standard labor hours.

Determine the direct material price variance. Round your answer to nearest whole number

Select the correct answer.

$2,337 F

$41,106 U

$2,878 U

$540 F