Question: Hi please help me complete this problem I am getting very confused about how to solve it. A detailed explanation would be really helpful. The
Hi please help me complete this problem I am getting very confused about how to solve it. A detailed explanation would be really helpful.
The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard labor cost for a motor tune-up is given below: Motor tune-up Standard Hours 2.50 Labor rate variance Labor spending variance Standard Rate $ 34.00 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 54 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: 1. Actual labor hours 2. Actual hourly rate $ 350 F $ 500 U Standard Cost $85.00 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.) hours per hour
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