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Direct labor variances Alvarado Company produces a product that requires 3 standard direct labor...

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Accounting

Direct labor variances
Alvarado Company produces a product that requires 3 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. 15,500 units used 65,200 hours at an hourly rate of $19,85 per hour.
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Open spreadsheet
a. Direct labor rate variance
b. Direct labor time variance
Favorable
Unfavorable
c. Direct labor cost variance
Unfavorable
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