Question: Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: Budgeted production Actual production

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

Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs. Overhead is applied on standard labor hours. 941 units 1,007 units $1.95 11 11,409 $23,388 $14.96 per hour 4.3 5,186.05 $79,087 $1,118,000 $26.00 per standard labor hour Round your intermediate calculations and final answer to the nearest cent. The direct materials price variance is $145,209 Oa. $2,852.25 unfavorable Ob. $1,140.90 unfavorable Oc. $1,140.90 favorable Od. $2,852.25 favorable

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