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 1,072 units Materials: Standard price per ounce $1.96 Standard ounces per completed unit 11 Actual ounces purchased and used in production 12,146 Actual price paid for materials $24,899 Labor: Standard hourly labor rate $14.78 per hour Standard hours allowed per completed unit 4.7 Actual labor hours worked 5,520.8 Actual total labor costs $84,192 Overhead: Actual and budgeted fixed overhead $1,024,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable overhead costs $154,582 Overhead is applied on standard labor hours. Round your intermediate calculations and final answer to the nearest cent. The direct materials price variance is Oa. $1,093.14 unfavorable Ob. $2,732.85 unfavorable Oc. $2,732.85 favorable Od. $1,093.14 favorable