a. direct labor rate variance for BE.09.02.EXCEL.ALGO

Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $20,00 per hour. 15,800 units used an hourly rate of $19.95 per hour. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the que Open spreadsheet What is the direct lobor (o) rate variance, (b) time variance, and (c) cost vanance? Round your answers to the nearest doliar. Enter a favorable vanance as a number using a minus sign and an unfavorable variance as a positive number. rotied Wy wark Untavorable variances can be thought of as increasing costs (a debin) Favorable variances can be thought of as decteasing couts ia credil The labor cost variance is the difletence betiveen the actual and standard isbor cost