Exercise 9-11 (Algo) Working Backwards from Labor Variances [LO9-5] 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 Standard Hours Standard Rate Standard Cost Motor tune-up 2.50 $ 32.00 5 30.00 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.) hours 1. Actual labor hours 2. Actual hourly rate per hour