Direct Labor Variances Bellingham Company produces a product that requires 8 standard hours per unit at a standard hourly rate of $10.00 per hour. If 5,600 units required 45,700 hours at an hourly rate of $9.60 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. S-18, 280 Favorable Direct labor rate variance b. Direct labor time variance c. Direct labor cost variance 412,200 Unfavorable v $|-393,920|X Favorable