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Please fill in the blanks Exercise 10-5 Working Backwards from Labor Variances [LO10-2] The auto repair shop of quality Motor company uses standards to control
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Exercise 10-5 Working Backwards from Labor Variances [LO10-2] The auto repair shop of quality Motor company uses standards to control the labor time and labor cost in the shop. The standa ACTG 2300 -- Accounting for Decision Making w: The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 170 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Required: 1. Determine the number of actual labor-hours spent on tune-ups during the week. Actual labor hours hours2. Determine the actual hourly rate of pay for tune-ups last week. (Round your answer to 2 decimal places.) Actual hourly rate per hourStep by Step Solution
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