Quality Motor Company is an auto repair shop that uses standards to control its labor...
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Accounting
Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor cost for a motor tuneup is given below:
Standard Hours Standard Rate Standard Cost
Motor tuneup $ $
The record showing the time spent in the shop last week on motor tuneups has been misplaced. However, the shop supervisor recalls that tuneups were completed during the week, and the controller recalls the following variance data relating to tuneups:
Labor rate variance $ F
Labor spending variance $ U
Required:
Determine the number of actual laborhours spent on tuneups during the week.
Determine the actual hourly pay rate for tuneups last week. Round your answer to decimal places.
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