Question: Homework #9 4 07 points Help Exercise 10-5 (Algo) Working Backwards from Labor Variances (LO10-2) Quality Motor Company is an auto repair shop that uses

 Homework #9 4 07 points Help Exercise 10-5 (Algo) Working Backwards

Homework #9 4 07 points Help Exercise 10-5 (Algo) Working Backwards from Labor Variances (LO10-2) Quality Motor Company is an auto repair shop that uses standards to controls labor time and labor cost. The standard labor contora motor tune-up is given below Standard Standard Standard Hours Rate Cost Motor tune-up 2.50 $ 33.00 $ 22.50 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However the shop supervisor recals that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune up Labor rate variance Labor spending variance $ 118 u Required: 1. Determine the number of actual labor hours spent on tune-ups during the week, 2. Determine the actual hourly pay rate for tune-ups last week (Round your answer to 2 decimal places Bo $80 References hours 1. Actubor hours 2. Achourly rate

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