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Question 7 of 7 - 12.5 ITI 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. Job Number A257 A258 A259 Actual Hours Costs 200 $4,000 450 10,350 315 6,678 110 2,090 Standard Hours Costs 205 $4,100 433 8,660 315 6,300 105 2.100 Total Variance $100 F 1,690 U 378 U 10 F $1,958 U A260 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, e.g. 10,50.) Job No. Actual Hours Standard Hours Quantity Variance A257 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.) Job No. Actual Hours Standard Hours Quantity Variance A257 A258 A259 A260 Totals $ Save for Later Attempts: 0 of 2 used Submit Answer 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.) TOBY TOOL & DIE COMPANY Direct Labor Variance Report Quantity Variance For the Year Ered March 31, 2020 For the Month Ended March 31, 2020 March 31, 2020 Standa Rate $ $ $ $ $ $ Save for Later Attempts: 0 of 2 used Submit Answer lysis reveals that Job A257 was a repeat job. Job A258 was a rush order that required overtime work at premium rates of pay. A259 required a more experienced replacement worker on one shift. Work on Job A260 was done for one day by a new trainee en a regular worker was absent. pare a report for the plant supervisor on direct labor cost variances for March. (Round actual rate and standard rate to 2 decimal ces, e.g. 10.50.) TOBY TOOL & DIE COMPANY Direct Labor Variance Report Quantity Variance Actual Rate Standa Rate $ $ Favorable Unfavorable Neither favorable nor unfavorable $ $ $ BY TOOL & DIE COMPANY ct Labor Variance Report Actual Rate Standard Rate Price Variance $ $ $ A $ dard te Price Variance Price Variance Favorable Neither favorable nor unfavorable Unfavorable $ Price Variance Price Variance New Trainee Repeat Job Replacement Worker Rush Job