Accounting homework

5 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: 20 Standard Standard Rate Standard Cost points Hours Motor tune-up 2.5 $25.00 $62.50 eBook The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls Hint that 50 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Print References Labor rate variance $ 150 F Labor spending variance $ 200 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 hours 2. Actual hourly rate per hour