Problem 2 - Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor hours per unit at a standard hourly rate of $19.00 per hour. If 5,300 units used 45,800 hours at an hourly rate of $19.38 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Show a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Problem 3 - Factory Overhead Controllable Variance Bellingham Company produced 4,000 units of product that required 4 standard direct labor hours per unit. The standard variable overhead cost per unit is \$2.40 per direct labor hour. The actual variable factory overhead was $36,940. Determine the variable factory overhead controllable variance. Show a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number