The following data is given for the Stringer Company: Budgeted production Actual production Materials: 962 units 1,036 units Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials $1.94 10 10,671 $21,876 Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs $14.36 per hour 4.5 5,335.4 $81,365 Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $1,136,000 $25.00 per standard labor hour $149,391 Overhead is applied on standard labor hours. Actual ounces purchased and used in production 10,671 Actual price paid for materials $21,876 Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs $14.36 per hour 4.5 5,335.4 $81,365 Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $1,136,000 $25.00 per standard labor hour $149,391 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 a. $2,934.525 unfavorable Ob. $2,934.525 favorable Oc. $1,173.81 favorable d. $1,173.81 unfavorable