Alvarade Company produces a probuct that requires 3 standard direct labor hours per unit at a standard hourly rate of $21.00 per hour. 16,000 units used 655 , leo hours at ail hakify rate of $19.10 per hour. This information has been colected in the Microsoft Excel Online file. Open the spreadsheet, perfomn the required analysis, and input your answers in the questions belon. Pean spresadsher What is the direct labor (a) rate variance, (b) time variance, and (c) cost varance? Round your answers to the nearest dollar. Enter a favorable varaance as a negativin nainatar thing a manus sign and an untavorable variance as a positive number. pomi iy whis- The latox cest variasice it the a flerence tefween the actial and stindard labor cost