During March 2017, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data.

Actual

Standard

Job Number

Hours

Costs

Hours

Costs

Total Variance

A257 210 $4,200 218 $4,360 $160 F

A258 440 10,120 429 8,580 1,540 U

A259 300 6,450 298 5,960 490 U

A260 120 2,280 115 2,300 20 F

Total variance $1,850 U

Analysis reveals that Job A257 was a repeat job. Job A258 was a rush order that required overtime work at premium rates of pay. Job A259 required a more experienced replacement worker on one shift. Work on Job A260 was done for one day by a new trainee when a regular worker was absent.

Prepare a report for the plant supervisor on direct labor cost variances for March

A257 A258 A259 A260 Total variance Job Number Hours Costs Hours Costs Total Variance 210 $4,200 218 $4,360 440 10,120 429 8,580 300 6,450 298 5,960 120 2,280 115 2,300 $160 F 540 U 490 U 20 F $1,850 U Analysis reveals that Job A257 was a repeat otJob A2S8 was a rush Crder that required overtAne work at premium rates of pay Job A2S9 required a more experienced replace en- ner on one shift. Work on Job A260 was done for one day by a new trainee when a regular worker was absent. Prepare a report for the plant supervisor on direct labor cost variances for March. (Round quantity variance, actual rate, tandard rate and price variance to 2 decimal places, e.g. 10.50.) TOBY TOOL & DIE COMPANY Direct Labor Varlance Report Standard Hours Quantity Job Actual A257 A258 A259 A260 Totals Version 4.2462