Direct Labor Variances Bellingham Company produces a product that requires 5 standard hours per unit at a standard hourly rate of $19.00 per hour. If 3,100 units required 16,000 hours at an hourly rate of $18.62 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 b. Direct labor time variance III c. Total direct labor cost variance