12 points Utaling Pic has just completed its first month of production of a new product. Actual data for the month shows that 22,000 units were produced in 48,400 hours costing 726,000 in direct labour. The standard labour cost has been set at 2 hours for each unit of production at a rate of 15 an hour. However, the number of hours to manufacture the product had to be increased to 2.15 hours during actual production due to unforeseen specification changes. Two variances have been calculated below: The Labour Efficiency Variance is 66,000 Adverse The Labour Efficiency Planning variance is 49,500 Adverse Assess the relevant manager's operational performance for labour efficiency. (5 marks). Paragraph BIYA - IE ***EE 12pt