Question: Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: 918 units Actual production 1,003

 Use this information for Stringer Company to answer the question that

Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: 918 units Actual production 1,003 units Materials: Standard price per ounce $1.95 Standard ounces per completed unit Actual ounces purchased and used in production 11,364 Actual price paid for materials $23,296 Labor: Standard hourly labor rate $14.85 per hour Standard hours allowed per completed unit 4.3 Actual labor hours worked 5,165.45 Actual total labor costs $78,773 Overhead: Actual and budgeted fixed overhead $1,009,000 Standard variable overhead rate $24.00 per standard labor hour Actual variable overhead costs $144,633 Overhead is applied on standard labor hours. The direct materials quantity vari nce is a. $1,136.20 favorable Ob $1,136.20 unfavorable C. $645.45 unfavorable Od. $645.45 favorable All work saved

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