Question: Graded Chapter 9 Homework i Saved Help Save & Exit Sub 1 Check my wor 7 The auto repair shop of Quality Motor Company uses

Graded Chapter 9 Homework i Saved Help Save & Exit Sub 1 Check my wor 7 The auto repair shop of Quality Motor Company uses standards to control the laba time and labor cost in the shop. The standard labor cost for a motor tune-up is give below: points Motor tune-up Standard Hours 2.50 Standard Rate $ 33.00 Standard Cost $ 82.50 eBook Hint Ask Print The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: References Labor rate variance Labor spending variance $ 80 F $ 118 U Required: 1. Determine the number of actual labor-hours spent on tune-ups during the week. 2. Determine the actual hourly rate of pay for tune-ups last week. (Round your answer to 2 decimal places.) 1. Actual labor hours 2. Actual hourly rate hours per hour

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!