Direct Labor Variances

The following data relate to labor cost for production of 3,600 cellular telephones:

Actual: 2,440 hrs. at $14.00 $34,160

Standard: 2,400 hrs. at $14.30 $34,320

a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter all values as a positive number and then identify the variance (e.g. Favorable or Unfavorable) in the adjacent column.

Rate variance $?

Time variance $?

Total direct labor cost variance $?