Direct Labor Variances Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly rate of $20.00 per hour. If 4,800 units required 27,600 hours at an hourly rate of $20.60 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 16,560 Unfavorable b. Direct labor time variance $ 24,000 X Favorable c. Total direct labor cost variance $ 7,440 x Favorable