Dlrect labor variances Belingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of 122,00 per hour. 15,300 units used 64,400 hours at an hourly rate of $19.85 per hour. This information has been collected in the Microsoft Excel Ontine file. Open the spreadsheot, perform the required analysis, and input your answers in the questions below. Open spresdsheet What-is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Round your answers to the nearest dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Feedhack * Check My Work Urfovorable Yariances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credi). The labor cest variance is the difference between the actual and standard labor cost The following data is provided for Bellingham Company: Using formulas and cell references, perform the required analysis, and input your answers into the green cells in the Amount column. Select the corresponding type of variance in the dropdowns in celis D15:D17. Transfer the numeric results for the green entry cells (C15:C17) into the appropriate fields in CNOWv2 for grading. D. Direct labor rate variance Direct labor time variance Direct labor cost variance