The following data is given for the Stringer Company: Budgeted production 958 units Actual production 1,044 units Materials: Standard price per ounce $1.92 Standard ounces per completed unit 11 Actual ounces purchased and used in production 11,829 Actual price paid for materials $24,249 Labor: Standard hourly labor rate $14.57 per hour Standard hours allowed per completed unit 4.7 Actual labor hours worked 5,376.6 Actual total labor costs $81,993 Overhead: Actual and budgeted fixed overhead $1,065,000 Standard variable overhead rate $24.00 per standard labor hour Actual variable overhead costs $150,545 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.$3,844.425 unfavorable b.$3,844.425 favorable c.$1,537.77 unfavorable d.$1,537.77 favorable