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Direct Labor Variances Bellingham Company produces a product that requires 8 standard direct labor hours per unit at a standard hourly rate of $ 1

Direct Labor Variances
Bellingham Company produces a product that requires 8 standard direct labor hours per unit at a standard hourly rate of $11.00 per hour. If 5,000 units used 41,600 hours at an hourly rate of $10.45 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 sign and an unfavorable variance as a positive number.
a. Direct labor rate variance $
fill in the blank 1
b. Direct labor time variance $
fill in the blank 3
c. Direct labor cost variance $
fill in the blank 5

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