Business Finance
Quality Motor Company, Managerial Accounting 10.2 assignment help

Question Description

this will be simpler

Unformatted Attachment Preview

2. 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 $6.50 Standard Cost $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 Labor spending variance $ 901 F $ 633 U Required: 1. Determine the number of actual labor-hours spent on tune-ups during the week. 2. Determine the actual hourly rate of pay for tune-ups last week. (Round your answer to 2 decimal places.) Page 1 ...
Purchase answer to see full attachment

Final Answer

Hello,I am done with this one but unfortunately I have to go. Will not be able to do the e...

Manal25 (649)
Duke University

Top quality work from this tutor! I’ll be back!

Heard about Studypool for a while and finally tried it. Glad I did caus this was really helpful.

Thank you! Reasonably priced given the quality

Similar Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors