Based on the standards, each and every manicure should take 1/2 hour (30 minutes) Last week your employees did 200 manicures. You pay your employees by the hour and last week you paid them a total of $1,840 for 140 hours of work. The standard rate of pay is $12 per hour.

The standard rate of pay is $12 per hour

A) (What was the week's labor rate variance?

B) What was the week's labor efficiency variance?

C) Based on your answers to A) and B) above, what could have been the causes and what specific management steps would you take regarding both variances?