Company A makes a product that has the following direct labor standards:
Standard direct labor hours		.2 hours per unit
Standard direct labor rate		$ 15 per hour
In January the company's budgeted production was 3,400 units but the
actual output was 3,500 units. The company used 640 direct labor hours
and the direct labor cost was $ 8,960.
a) What is the labor efficiency variance?
b) What is the labor rate variance?
c) In this problem explain what person(s) did a good job or a bad job
d) If the job took the whole month of January how many people worked on the job?
e) per their plan how long in minutes should it take to make one item?