Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The auto repair shop o Quality Motor Company uses standards to control the labor time and labor cost n the shop. The standar a orcos
The auto repair shop o Quality Motor Company uses standards to control the labor time and labor cost n the shop. The standar a orcos for a motor une-up is en below: Job Motor tune-up Standard Standard Standard Rate $4.00 Hours 2.60 Cost $10.40 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 180 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 $180 U $108 U Required 1. Determine the number of actual labor-hours spent on tune-ups during the week Actual labor hourshours 2. Determine the actual hourly rate of pay for tune-ups last week. (Round your answer to 2 decimal places.) ual hourly rate per hour
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started