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Exercise 9-11 (Algo) Working Backwards from Labor Variances [LO9-5] The auto repair shop of Qualty Motor Compamy uses standords to control the labor time and
Exercise 9-11 (Algo) Working Backwards from Labor Variances [LO9-5] The auto repair shop of Qualty Motor Compamy uses standords to control the labor time and tabor cost in the shop. The standard labor cost for a motor tune-up is given beliwn The record showing the time spent in the shop last week on motor tune-cps has been misplaced. However, the shop fupervisar recalls that 50 tune-ups were compiesed during the week, and the controllet recalls the followang variance dats reating to tune-ups Required: 1. Determine the number of actual labor-hours spent on tune-ups duting the week 2. Determine the actual houtly rate of poy for tune-ups lost week. (Aound your answer to 2 decimal places.)
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