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Motor tune-up Standard Hours 2.50 Labor rate variance Labor spending variance Required: Standard Rate Standard Cost The record showing the time spent in the shop
Motor tune-up Standard Hours 2.50 Labor rate variance Labor spending variance Required: Standard Rate Standard Cost The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 56 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: 1. Actual labor hours 2. Actual hourly rate $36.00 $ 400 F $ 500 U 1. Determine the number of actual labor-hours spent on tune-ups during the week. 2. Determine the actual hourly pay rate for tune-ups last week. Note: Round your answer to 2 decimal places. $90.00 165 hours per hour
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