Direct Labor Variances Bellingham Company produces a product that requires 10 standard direct labor hours per unit a standard hourly rate of $19.00 per hour. If 4,200 units used 43,700 hours at an hourly rate of $19.95 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 sion and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance c Direct labor cost variance