Set Modules eBook Show Me How Office 365 EXCELAL H.EXCEL AL 02 Direct labor variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rates $22:00 per hour 15.700 units used 66,200 hours at an hourly rate of $19.50 per hour This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required wwws, and Input your answers in the questions below. 01 Open spreadsheet What is the direct labor (a) rate variance, (b) time variance, and (c) cost varance? Round your answers to the nearest dula Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number - Direct laborate variance b. Direct labor time variance c. Direct labor cost variance