The Smart Garage Company uses standards to control the labour time and labour cost in...

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Accounting

The Smart Garage Company uses standards to control the labour time and labour cost in the shop. The standard labour cost for a
motor tune-up follows:
The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls
that 47 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups:
Labour rate variance $126F
Total labour variance 132U
Required:
Determine the number of actual labour-hours spent on tune-ups during the week. (Round your answer to the nearest whole
number.)
Actual labour-hours
hours
Determine the actual hourly rate of pay for tune-ups last week.
(Hint. A useful way to proceed would be to work from known to unknown data either by using the variance formulas or by using the
columnar format shown in Exhibit 11-5.)(Round intermediate calculations to the nearest whole number and final answer to 2 decimal
places.)
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