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Venneman company groduces a product that requires B standard bours per unit at a stendard hourly rafe of 117,00 per hour, ar 5,500 units requires 42,706 hours at an houriy rate af \$17.56 oer howr what is the direct labor (a) rate variance, (b) time wanience, and (c) total direct labor colt qariance? tnter a favorable varahce as a negative number uting a minu3 sign and an untiverable variance as a positive number. a. Diract iabor rate variance b. Direct lobor time variance c. Total direct labor cost variance 1