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0-2 Direct Labor Variances L010-2 Standard Costs and Variances Inc., prepares in-flight meals for a number of major airlines. One of the company's rilled salmon

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0-2 Direct Labor Variances L010-2 Standard Costs and Variances Inc., prepares in-flight meals for a number of major airlines. One of the company's rilled salmon in dill sauce with baby new potatoes and spring vegetables. During Chefs, Inc sky products is most recent is g week, the company prepared 4,000 of these meals using 960 direct labor-hours. nc reced its direct labor workers a total of $19,200 for this work, or $20.00 per hour. rding to the standard cost card for this meal, it should require 0.25 direct labor-hours a The t of $19.75 per hour a cost Required. s the standard is the standard labor-hours allowed (SH) to prepare 4,000 meals? labor cost allowed (SH SR) to prepare 4,000 meals? L. What i e labor spending variance? is the labor rate variance and the labor efficiency variance? What is th 4

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