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Please explain and show all work. Thank uou! Exercise 9-11 (Algo) Working Backwards from Labor Variances [L09-5] The auto repair shop of Quality Motor Company

Please explain and show all work. Thank uou!
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Exercise 9-11 (Algo) Working Backwards from Labor Variances [L09-5] 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: Motor tuneup Standard Hou rs 2.50 Stand rd Rate $ 34.00 Standa rd Cost $ 85. The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 54 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance Labor spending variance Required: $ 350 F $ 500 U 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.) 1. Actual labor hours 2. Actual hourly rate 152.24 hours $ 33.50 per hour

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