The following data is given for the Stringer Company: Budgeted production 1,011 units Actual production 909 units Materials: Standard price per ounce $1.84 Standard pounds per completed unit 11 Actual pounds purchased and used in production 9,699 Actual cost of materials $19,883 Labor: Standard hourly labor rate $14.00 per hour Standard hours allowed per completed unit 5.0 Actual labor hours worked 4,681.35 Actual total labor costs $71,391 Overhead: Actual and budgeted fixed overhead $1,135,361 Standard variable overhead rate $28.00 per standard labor hour Actual variable overhead costs $131,078 Overhead is applied on standard labor hours. Determine the direct material price variance. Round your answer to nearest whole number Select the correct answer. $1,485 F $3,818 U $552 F $2,037 U