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During March 2022, Sheridan Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data. Analysis reveals
During March 2022, Sheridan Tool \& Die Company worked on four jobs. A review of direct labor costs reveals the following summary data. Analysis reveals that Job A257 was a repeat job. Job A2.58 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 factory supervisor on direct labor cost variances for March. (Round actual rate and standard rate to 2 decimal places, e.g. 10.50.) Prepare areport for the factory supervisor on directlabor cost variances for March. (Round octual rate and stondard rate to 2 decimal places, e.s. 10.50. decimal ploces, e.s. 10.50. Prepare a report for the factory supervisor on direct labor cost varisnices for March fReund actual rate and standard rate to ? decimal places, e. 10.50.1
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