Direct Labor Variances

Bellingham Company produces a product that requires 8 standard hours per unit at a standard hourly rate of $12.00 per hour. If 3,400 units required 28,000 hours at an hourly rate of $11.76 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	$ ___	Unfavorable