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Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $16.60 per hour. Production of 8,700 units required 26,620

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $16.60 per hour. Production of 8,700 units required 26,620 hours at an hourly rate of $16.30 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers.

a. Rate Variance $
b. Time Variance $
c. Cost Variance $

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