Exercise 10-5 (Algo) Working Backwards from Labor Variances (LO10-2] 4 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: 0.7 points Standard Hours 2.50 Standard Rate Standard Cost Motor tune-up $ 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 that 50 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 $ 150 F $ 200 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.) 1. Actual labor hours hours 2. Actual hourly rate per hour