The following data are given for Stringer Comp

Line Item Description Value

Budgeted production $959$ units

Actual production $1,098$ units

Materials:

Standard price per ounce $$1\mathrm{.}86$

Standard ounces per completed unit $12$

Actual ounces purchased and used in production $13,571$

Actual price paid for materials $$27,821$

Labor:

Standard hourly labor rate $$14\mathrm{.}15$ per hour

Standard hours allowed per completed unit $4\mathrm{.}7$

Actual labor hours worked $5,654\mathrm{.}7$

Actual total labor costs $$86,234$

Overhead:

Actual and budgeted fixed overhead $$1,036,000$

Standard variable overhead rate $$25\mathrm{.}00$ per standard labor hour

Actual variable overhead costs $$158,332$

Overhead is applied on standard labor hours.

Do not round interim calculations. Round your final answer to the nearest dollar.

The direct materials price variance is