Milestone Three - Variance Analysis Data for Variance Analysis: Lator \begin{tabular}{|c|c|c|c|} \hline Budgeted(Standard)Hours/aty & Budgeted(Standard)Rate & ActualHours/Qty & ActualRate \\ \hline & & & \\ \hline & & & \\ & & & \\ \hline & & & \\ \hline \end{tabular} Variances for Collar Sales Direct Labor Time Variance (Actual Hours - Standard Hours) x Standard Rate Direct Labor Rate Variance (Actual Rate - Standard Rate) x Actual Haurs Direct Materials Quantity/Efficiency Yarianoe (Actual Quantity - Standard Quantity) * standard Price Direct Materials Price Variance (Actual Price - Standard Pricel a Actual Quaritity