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During March 2020, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data. Actual Job

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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 Hours 220 A257 A258 Standard Hours Costs 225 $5,625 417 10,425 329 8,225 112 2,800 Costs $5,500 11,610 8,613 2,880 430 Total Variance $125 F 1,185 U 388 U 80 F A259 330 A260 120 Total variance $1,528 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. (Round actual rate and standard rate to 2 decimal places, eg. 10.50.) Prepare a report for the plant supervisor on direct labor cost variances for March (Round actual rate and standard rate to 2 decimal places, eg. 10.50.) Job No. Actual Hours Standard Hours Quantity Variance A257 A258 A259 A260 Totals $ Prepare a report for the plant supervisor on direct labor cost variances for March. (Round actual rate and standard rate to 2 decima places, eg. 10.50.) TOBY TOOL & DIE COMPANY Direct Labor Variance Report Actual Rate Standard Rate Price Variance > $ $ $ > $ $ $ $ > $ $ e a report for the plant supervisor on direct labor cost variances for March (Round actual rate and standard rate to 2 decimal 28. 10.50.) andard Rate Price Variance Price Variance >

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