Calculator The following data is given for the Stringer Company: Budgeted production Actual production Materials: 913 units 1,021 units Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials $1.94 11,568 $23,714 Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs $14.56 per hour 4.9 5,258.15 $80,187 Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variableo $1,114,000 $28.00 per standard labor hour $147,228 Overhead is applied on standard labor hours The direct materials quantity variance is a. 1,272.08 favorable b. 1,272.08 unfavorable c. 653.78 unfavorable C d. 653.78 favorable