Graded Chapter 9 Homework 7 1 points eBook Hint Saved The auto repair shop of Quality...

Transcribed Image Text:

Graded Chapter 9 Homework 7 1 points eBook Hint Saved 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: Motor tune-up Standard Hours 2.50 Standard Rate Standard Cost $ 35.00 $87.50 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 60 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $50 F $ 55 U Labor spending variance 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.) Ask 1. Actual labor hours 2. Actual hourly rate Print References hours per hour Graded Chapter 9 Homework 7 1 points eBook Hint Saved 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: Motor tune-up Standard Hours 2.50 Standard Rate Standard Cost $ 35.00 $87.50 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 60 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $50 F $ 55 U Labor spending variance 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.) Ask 1. Actual labor hours 2. Actual hourly rate Print References hours per hour