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Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $19.20 per hour. Production of 3,500 unit required 6,860

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Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $19.20 per hour. Production of 3,500 unit required 6,860 hours at an hourly rate of $19.80 per hour. Enter favorable variances as negative numbers. (a) Determine the direct labor rate variance. (6) Determine the direct labor time variance. (c) Determine the cost variance. $ SI

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