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Exercise 11-5 Working Backwards from Labor Variances [L011-2] The auto repair shop of Quality Motor Company uses standards to control the labor time and labor
Exercise 11-5 Working Backwards from Labor Variances [L011-2] 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 Hours 80 Rate $5 50 Standard Cost $9.90 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 170 tune-ups were completed during the woek, and the controler recalls the following variance data relefing Labor rate variance Labor spending variance $385 U Required: 1. Determine the numberot actual labor-hours spent on tune ups dunng the week hours 2. Determine the actual hourly rate of pay tor tune-ups last week (Round your answer to 2 decimal places.) per hour 13 PM 10/1 O Type here to search
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