Exercise 23-10 During March 2017, Toby 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 210 218 A257 A258 $4,830 12,480 7,865 2,100 480 Total Variance $184 F 1,854 U 367 U $5,014 10,626 7,498 2,162 462 326 A259 325 A260 100 94 62 F Total variance $1,975 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 quantity variance, actual rate, standard rate and price variance to 2 decimal places, e.g. 10.50.) TOBY TOOL & DIE COMPANY Direct Labor Varlance Report Job No. Actual Hours Standard Hours Quantity Variance Actual Rate Standard Rate Price Variance A257 $ $ $ $ A258 $ $ A259 $ $ A260 V $ $ Totals $ $ Click if you would like to Show Work for this question: Open Show Work