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Question 14 of 15 -/1 III View Policies Current Attempt in Progress During March 2020, Toby Tool & Die Company worked on four jobs. A
Question 14 of 15 -/1 III View Policies Current Attempt in Progress During March 2020, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data. Actual Hours Costs Job Number Total Variance A257 210 $4,830 Standard Hours Costs 216 $4,968 464 10,672 330 7,590 102 2,346 A258 480 12,000 7,953 $138 F 1,328 U 363 U A259 330 A260 110 2,310 36 F. $1,517 U Total variance 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, eg. 10.50.) places, e.g. 10.50.) Job No. Actual Hours Standard Hours Quantity Variance A257 $ A258 A259 A260 Totals $ e Textbook and Media OOL & DIE COMPANY abor Variance Report Actual Rate Standard Rate Price Variance $ $ $ $ $ Touthools and Madi
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