The Cougar Hotel housekeeping staff has a standard of cleaning 2 rooms every hour. Housekeepers were budgeted to be paid $12 per hour. In March the housekeepers cleaned 1,200 rooms and used 660 hours and the total payroll was $7,755. What is the volume variance? What is the rate time variance

		$40
		$125
		$720
		($1,200)