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

   The following data are given for Stringer Company:

   Budgeted production	945 units
   Actual production	1,039 units
   Materials:
   Standard price per ounce	$1.81
   Standard ounces per completed unit	10
   Actual ounces purchased and used in production	10,702
   Actual price paid for materials	$21,939
   Labor:
   Standard hourly labor rate	$14.87 per hour
   Standard hours allowed per completed unit	4.4
   Actual labor hours worked	5,350.85
   Actual total labor costs	$81,600
   Overhead:
   Actual and budgeted fixed overhead	$1,105,000
   Standard variable overhead rate	$24.00 per standard labor hour
   Actual variable overhead costs	$149,824
   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.$2,568.48 unfavorable

   b.$6,421.20 favorable

   c.$2,568.48 favorable

   d.$6,421.20 unfavorable