17.

Use this information for Stringer Company to answer the question that follow.

The following data are given for Stringer Company:

Budgeted production	969 units
Actual production	1,009 units
Materials:
Standard price per ounce	$1.95
Standard ounces per completed unit	12
Actual ounces purchased and used in production	12,471
Actual price paid for materials	$25,566
Labor:
Standard hourly labor rate	$14.25 per hour
Standard hours allowed per completed unit	4.6
Actual labor hours worked	5,196.35
Actual total labor costs	$79,244
Overhead:
Actual and budgeted fixed overhead	$1,154,000
Standard variable overhead rate	$28.00 per standard labor hour
Actual variable overhead costs	$145,498
Overhead is applied on standard labor hours.

Round your intermediate calculations and final answer to the nearest cent.

The direct materials price variance is

a.$1,247.10 favorable

b.$3,117.75 unfavorable

c.$3,117.75 favorable

d.$1,247.10 unfavorable