Direct Labor Variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $12.00 per hout if 6,500 units used 18,700 hours at an hourly rate of $12.48 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 Unfavorable b. Direct labor time vanance Favorable c. Direct labor cost variance Favorable Food H Ni #CHAN Unfavorable variances can be thought of as increasing costs (a debit Favorable variances can be thought of a decreasing costs acredit)