Sunland Company prepared the following data in its static budget based on 112250 machine hours: Direct Materials $449000 Direct Labour 226000 Variable Overhead 1126000 Fixed Overhead 2101000 Actual Results: Machine Hours 122250 hours Direct Materials $478000 Direct Labour 246000 Variable Overhead 1148000 Fixed Overhead 2113000 What was the difference between the actual and budgeted Direct Material costs at the actual level of activity? O $11000 favourable O $29000 favourable O $11000 unfavourable $29000 unfavourable