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Help Chapter 10 Exercises Save CH 07 5 Quality Motor Company is an auto repair shop that uses standards to control its labor time and

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Help Chapter 10 Exercises Save CH 07 5 Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor cost for a motor tune-up is given below: 1 points book H Standard Standard Standard Hours Rate Cost Motor tune-up 2.50 5 30.00 $95.00 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $450 Labox spending variance $ 500 Required: 1. Determine the number of actual labor hours spent on tune-ups during the week 2. Determine the octual hourly pay rate for tune-ups last week. (Round your answer to 2 decimal places.) 1. Actual labor hours hours 2. Actual hourly rate per hour

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