Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. If 4,700 uni used 32,200 hours at an hourly rate of $20.80 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 $ 25,760 Unfavorable b. Direct labor time variance c. Direct labor cost variance