Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The question is Actual labor hours ________hours, Actual hourly rate_____________ Per hour. Highlighted below. I need this in the next hour.. Attached is the question.

The question is Actual labor hours ________hours,Actual hourly rate_____________ Per hour. Highlighted below. I need this in the next hour.. Attached is the question.

image text in transcribed 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: Job Motor tune-up Standard Hours 2.10 Standard Rate Standard Cost $6.50 $13.65 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 140 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $ 893 Labor spending variance $ 251 F U Required: 1 Determine the number of actual labor-hours spent on tune-ups during the week. . Actual labor hours ________hours 2 Determine the actual hourly rate of pay for tune-ups last week. (Round . your answer to 2 decimal places.) Actual hourly rate_____________ Per hour

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

6th Canadian edition

013257084X, 1846589207, 978-0132570848

More Books

Students also viewed these Accounting questions

Question

List t he t hree c omponents of ident ity. (p. 3 0)

Answered: 1 week ago