e abook Show Me How Office 365 Direct labor variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $21.00 per hour. 15,600 units used 61.700 hours at an hourly rate of $19.30 per hour This information has been telected in the Microsoft Excel Online file. Open the spreadsheet perform the inquired analysis, and input your answers in the questions below. AM Open spreadsheet What is the direct labor arate variance. (b) time variance, and (c) con variance? Round your answers to the nearest dollar. Enter a favorable variance as a negative number uting & minus sign and en antevorable variance as a positive number Direct laborate variance b. Direct labor time variance c Direct labor cost variance