During March 2025, Lily 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 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 factory supervisor on direct labor cost variances for March. (Round octual rate and standard rate to 2 decimal JobNo.ActualHoursStandardHoursQuantityVariance A257 A258 A259 A260 Totals $ HIYTOOLEDIEOMPANY Direct Labor Variance Report Jantity iriance ActualRate$ Standard Rate $ $ $ $ $ $ $ Standard Price Rate Explanation Variance $ $