Use this information for Stringer Company to answer the question that follow. 10 The following data are given for Stringer Company: Budgeted production 909 units Actual production 1,086 units Materials: Standard price per ounce $1.82 Standard ounces per completed unit Actual ounces purchased and used in production 11,186 Actual price paid for materials $22,931 Labor: Standard hourly labor rate $14.39 per hour Standard hours allowed per completed unit 4.2 Actual labor hours worked 5,592.9 Actual total labor costs $85,292 Overhead: Actual and budgeted fixed overhead $1,151,000 Standard variable overhead rate $28.00 per standard labor hour Actual variable overhead costs $156,601 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. $6,431.95 favorable Ob. $2,572.78 unfavorable Oc. $2,572.78 favorable Od. $6,431.95 unfavorable