Exercise 9-11 (Algo) Working Backwards from Labor Variances (L09-5] Hours 2.50 Rate Cost $ 80.00 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: Standard Standard Standard Motor tune-up $ 32.00 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 52 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $ 300 F Labor spending variance $ 340 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.) Answer is complete but not entirely correct. 1. Actual labor hours 130 hours per $ 22.69 hour 2. Actual hourly rate