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 ob Number Hours Costs Hours Costs Total Variance A257 A258 A259 A260 Total variance 200 $4,800 470 12,690 452 300 110 207 $4,968 10,848 299 7,176 102 2,448 $168 F 1,842 U 564 U 28 F $2,210 U 7,740 2,420 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 Variance Report Job No Actual Hours Standard Hours Quantity Variance Actual Rate Standard Rate Price Variance A257 A258 A259 A260 Totals Click if you would like to Show Work for this question: Open Show Work