12 4.4 Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: Budgeted production 921 units Actual production 1,020 units Materials: Standard price per ounce $1.88 Standard ounces per completed unit Actual ounces purchased and used in production 12,607 Actual price paid for materials $25,844 Labor: Standard hourly labor rate $14.43 per hour Standard hours allowed per completed unit Actual labor hours worked 5,253 Actual total labor costs $80,108 Overhead: Actual and budgeted fixed overhead $1,051,000 Standard variable overhead rate $26.00 per standard labor hour Actual variable overhead costs $147,084 Overhead is applied on standard labor hours. The direct materials quantity variance is Oa. $2,142.84 favorable Ob. $2,142.84 unfavorable Oc. $689.96 unfavorable Od. $689.96 favorable