Teable fudgering and Variance Andyuis Prepare the following variance aralyses for both chocolates and the total, based on the actual restilts and production levels at the end of the budget year: a. Direct materials price varianoe, direct materials quantity variance; and total vanance. b. Derect Labor rate variance, direct labor time vanance, and total variance. anter a fovorable variance as a negative number using a minus sign and an unfavorable variance as a positive number