Use this information for Stringer Company to answer the question that follow. 4.4 The following data are given for Stringer Company: Budgeted production 954 units Actual production 1,030 units Materials: Standard price per ounce $1.78 Standard Ounces per completed unit 10 Actual ounces purchased and used in 10,609 production Actual price paid for materials $21,748 Labor: Standard hourly labor rate $14.94 per hour Standard hours allowed per completed unit Actual labor hours worked 5,304.5 Actual total labor costs $80,894 Overhead: Actual and budgeted fixed overhead $1,084,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable overhead costs $148,526 Overhead is applied on standard labor hours. Round your intermediate calculations and final answer to the nearest cent. The direct materials price variance is Oa. 57.161.07 favorable b. 52.864.43 favorable Oc. 52.86443 unfavorable Od. 57.961.07 unfavorable