Exercise 11-10 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 Costs A257 220 $4,840 A258 460 11,040 A259 310 7,223 A260 100 2,000 Standard Hours Costs 228 $5,016 443 9,746 311 6,842 93 2,046 Total Variance $176 F 1,294 U 381 U 46 F Total variance $1,453 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, e.g. 10.50.) TOBY TOOL & DIE COMPANY Direct Labor Variance Report Job No. Actual Hours Standard Hours Quantity Variance Actual Rate Standard Rate Price Variance Price Variance A257 $ $ $ $ A258 $ $ A259 $ $ A260 $ $ Totals $