Direct labor variances

Alvarado Company produces a product that requires $3$ standard direct labor hours per unit at a standard hourly rate of $$20\mathrm{.}00$ per hour. $15,500$ units used $65,200$ hours at an hourly rate of $$19,85$ 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 questions below.

Open spreadsheet

a$.$ Direct labor rate variance

b$.$ Direct labor time variance

$$ Favorable $$

$$ Unfavorable $$

c$.$ Direct labor cost variance $$

Unfavorable $$