Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $15.80 per hour. Production of 7,900 units required 15,480 hours at an hourly rate of $15.30 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers. a. Rate Variance V! Favorable b. Time Variance S Unfavorable C. Cost Variance Favorable