Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: Budgeted production 924 units Actual production 1,044 units Materials: Standard price per ounce $1.85 Standard ounces per completed unit 11 Actual ounces purchased and used in production 11,829 Actual price paid for materials $24,249 Labor: Standard hourly labor rate $14.67 per hour Standard hours allowed per completed unit 4.9 Actual labor hours worked 5,376.6 Actual total labor costs $81,993 Overhead: Actual and budgeted fixed overhead $1,064,000 Standard variable overhead rate $24.00 per standard labor hour Actual variable overhead costs $150,545 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. $2,365.80 unfavorable b. 85,914,50 unfavorable c. $5,914.50 favorable d. $2,365.80 favorable