Budgeting On Your Own 44 Actial performance was not as expected. Vans made only 9.000 units and the average selling price was 595/ anit Direct Maferlals cost a total of 5252.000 , Vans bought only 18,000 pounds and paid $14/ pound. Dirmct labor cost a tocal of $225,000, Vans paid $10 /hour and used 22,500 hours of labor- 2 What is the Direct Materials Price Variance for Vans? You will use: (Actual Price - Budfeted Price) x Actual Quanticy. You should indicate if the varlance is favorable or unfavorable. 3 What is the Direct Materials Efficiengy Variance for Vans? You will use: (Actual Quantity - Budgeted Quantity at Actual Output) x Budgeted Price You should indicate if the varlance is favorable or unfavorable