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The following data is given for the Stringer Company:
| Budgeted production | 973 units |
| Actual production | 1,092 units |
| Materials: | |
| Standard price per ounce | $1.93 |
| Standard ounces per completed unit | 11 |
| Actual ounces purchased and used in production | 12,372 |
| Actual price paid for materials | $25,363 |
| Labor: | |
| Standard hourly labor rate | $14.82 per hour |
| Standard hours allowed per completed unit | 4.3 |
| Actual labor hours worked | 5,623.8 |
| Actual total labor costs | $85,763 |
| Overhead: | |
| Actual and budgeted fixed overhead | $1,008,000 |
| Standard variable overhead rate | $28.00 per standard labor hour |
| Actual variable overhead costs | $157,466 |
| 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.$1,484.64 unfavorable
b.$1,484.64 favorable
c.$3,711.6 unfavorable
d.$3,711.6 favorable
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