During March 2022. Concord 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 220 $5,500 227 $5.675 $175 F A258 430 11,610 414 10,350 1.2600 A259 300 7,830 298 7.450 380U A260 100 2.400 92 2,300 100 U Total variance $1.565 Analysis reveals that Job A257 was a repeat job. Job A258 was a rush order that required overtime work at premium rates of pury Job A259 required a more experienced replacement worker on ne 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 factory supervisor on direct labor cost variances foe March (Round actual rate and standard rate to 2 decimal places, es 10.50) A259 required a more experienced replacement worker on one shift. Work on Job A260 was done for one day by a new trainee when regular worker was absent. Prepare a report for the factory 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 $ Textbook and Media CONCORD TOOL & DIE COMPANY Direct Labor Variance Report Quantity Variance Actual Rate Standard Rate $ $ $ $ $ $ > $ $ $ e Textbook and Media CORD TOOL & DIE COMPANY ect Labor Variance Report Actual Rate Standard Rate Price Variance $ $ $ $ $ $ $ $ Standard Rate Price Variance Price Variance 5 5 $