1. Direct Labor Variances Bellingham Company produces a product that requires 6 standard direct labor hours per unit at a standard hourly rate of $17.00 per hour. If 4,400 units used 27,200 hours at an hourly rate of $16.32 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct labor rate variance: $ -------- Favorable or Unfavorable

b. Direct labor time variance: $ -------- Favorable or Unfavorable

c. Direct labor cost variance: $ -------- Favorable or Unfavorable

2. Bellingham Company produces a product that requires 12 standard pounds per unit. The standard price is $2.5 per pound. If 5,500 units used 63,400 pounds, which were purchased at $2.6 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct materials price variance: $ -------- Favorable or Unfavorable

b. Direct materials quantity variance: $ -------- Favorable or Unfavorable

c. Direct materials cost variance: $ -------- Favorable or Unfavorable