Direct Labor Variances

Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $16.00 per hour. If 2,600 units required 8,000 hours at an hourly rate of $15.20 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor 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	$	Favorable
b. Direct labor time variance	$	Unfavorable
c. Total direct labor cost variance	$	Favorable