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Japan Company produces lamps that require 2 standard hours per unit at an hourly rate...

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Accounting

Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $13.80 per hour. Production of 8,500 units required 17,510 hours at an hourly rate of $13.50 per hour. What is the direct labor for the following: Enter favorable variances as negative numbers.

a. Rate Variance $fill in the blank 1

FavorableUnfavorable
b. Time Variance $fill in the blank 3

FavorableUnfavorable
c. Cost Variance $fill in the blank 5

FavorableUnfavorable

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