I don't understand the favorable and unfavorable

Milestone Three - Variance Analysis irs was Data for Variance Analysis Budgeted Budgeted Actual Actual Standard (Standard) Hours/Qty Rate demand Hours/Qty Rate ng the Labor 160 5 16.00 180 S 16.50 ease to month. 10 11 Material 180 S 9.10 560 IS 10.00 mated in 12 13 14 15 Variances for Collar Sales Favorable/ 16 Variance Unfavorable 17 Direct Labor Time Variance 18 [Actual Hours - Standard Hours) x Standard Rate 320.00 19 20 Direct Labor Rate Variance 21 [Actual Rate - Standard Rate] x Actual Hours 5 90.00 23 Direct Materials Quantity/Efficiency Variance 24 [Actual Quantity - Standard Quantity) x Standard Price 728.00 25 26 Direct Materials Price Variance 27 [Actual Price - Standard Price) x Actual Quantity 504.DO FavorS 28