12 Final Exam Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost.

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12 Final Exam Quality Motor Company Is An Auto Repair Shop That Uses Standards To Control Its Labor Time And Labor Cost 1 (32.03 KiB) Viewed 52 times

12 Final Exam Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor cost for a motor tune-up is given below Standard Hours 2.50 Standard Rate Standard Cost $ 38.00 5 95.00 Motor tune-up 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: 15.04 Labor rate variance Labor spending variance $ 450 $ 500 U quired: 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.) 1. Actual labor hours hours 2. Actual hourly rate per hour