BACKNEXT During March 2017, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals thefollowing summary data Standard Job Number Hours A257 A258 A259 A260 Total variance Costs Hours 220 $5,500 228 $5,700 470 13,160 450 11,250 320 8,320 1 7,950 110 2,640 106 2,650 Costs Total Varian $200 F 1,910 U 370 U 10 F $2,070 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 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 pric places, e.g. 10.50) TOBY TOOL & DIE COMPANY Job No. Actual Hours Standard Hours Quantity Variance Actual Rate Standard Rate Variance A257 220 228 A258 470 450 A259 320 318 A260 110 106 Totals