b

The following data is provided for Bellingham Company: Using formulas and cell references, perform the required analysis, and input your answers into the green cells in the Amount column. Select the corresponding type of variance in the dropdowns in cells D15:D17. Transfer the numeric results for the green entry cells (C15:C17) into the appropriate fields in CNOWV2 for grading. la. Direct labor rate variance b: Direct labor time variance c: Direct labor cost variance Using formulas and cell references, perform the required analysis, and input your answers into the green cells in the Amount column. Select the corresponding type of variance in the dropdowns in cells D15:D17. Iransfer the numeric results for the green entry cells (C15:C17) into the appropriate fields in CNOWv2 for grading. What is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Round your answers to the nearest dollar. Ent, number. Foedares * check My Wock Unfavorable variances can be thought of as increasing costs (a debit) Favorable vanances can be thought of as decreasing costs facredit) The labor cost variance is the difference between the actual and standard labor cost