During March 2020, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data, Actual Job Number A257 A258 Hours 200 480 330 110 Costs $4,800 12,960 8,481 2.420 Standard Hours Costs 207 $4,968 467 11.208 328 7.872 102 2.448 A259 A260 Total variance Total Variance $168 F 1752 U 609 U 28 F $2.165 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. (Round actual rate and standard rate to 2 decimal places, es 10.50) Job Number A257 A258 A259 A260 Total variance Actual Hours Costs 200 $4,800 480 12.960 330 8.481 110 2,420 Standard Hours Costs 207 $4.968 467 11.206 328 7.872 102 2.448 Total Variance $168 F 1.752 U 609 28 F $2,165 U Analysis reveals that Job A257 was a repeat jobs 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 wis 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 actual core and standard rote to 2 decimal places, s. 10.50 Job No Actual Hours Standard Hours Quantity Variance A257 $ A258 A259 A260 Total $ Job Number A257 A258 A259 A260 Total variance Actual Hours Costs 200 54,800 180 12.960 330 8,481 110 2,420 Standard Hours Costs 207 $4.968 467 11.208 328 7822 2.448 Total Variance 5168 + 1.752 809 U 28 1 $2.165 102 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. Round actual rate and standard rate to 2 decimal places es 10.50) TOBY TOOL & DIE COMPANY Direct Labor Variance Report Quantity Variance Actual Rate Standard Rate $ $ $ $ $ $ $ $ $ Job Number A257 A258 A259 A260 Total variance Actual Hours Costs 200 $4800 480 12.960 339 8.481 110 2.420 Standard Hours Costs 207 $4.968 467 11208 328 7,872 102 2,448 Total Variance 3168 1752U 609 28 52.165 U Analysis reveals that job A257 was a repeat jobs, Job A258 was a rush order that required overtime work at premium rates of pay Job A259 required a more experienced replacement work on one shit. Work on JohA260 was done for one day by a new train na reputar worker was absent. Prepare a report for the plant supervisor on direct tabor cout variances for Marth. Round actuat rate and standard rate to 2 decimal places... 10.50) Standard Rate Price Variance Price Variance
