Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 Green Apron is a popular weekly meal delivery service which provides healthy and diverse meals to its customers. One of the most popular meals

image text in transcribed
4 Green Apron is a popular weekly meal delivery service which provides healthy and diverse meals to its customers. One of the most popular meals is crispy parmesan chicken served with garlic herb couscous, and lemony roasted carrots. During the most recent week. the company prepared 4,300 of these meals using 1250 direct labor-hours. The company paid its direct labor workers a total of $11,250 for this work, or $9.00 per hour. According to the standard cost card for this meal, it should require 0 30 direct labor-hours at a cost of $8.50 per hour Required: 1 What is the standard labor-hours allowed (SH) to prepare 4 300 meals? 2. What is the standard labor cost allowed (SHSR) to prepare 4.300 meals 3. What is the labor spending variance? 4 What is the labor rate variance and the labor efficiency variance (For requirements 3 and 4, indicate the effect of each variance by selecting "F* for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) Dool Hint 12 3 4 Standard labor hot allowed Standard labor cost allowed Labor spending variance Laborato variance La ficiency variance

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

Integrated Reporting And Audit Quality An Empirical Analysis In The European Setting

Authors: Chiara Demartini, Sara Trucco

1st Edition

3319488252, 9783319488257

More Books

Students also viewed these Accounting questions

Question

=+a) What is the center line for the R chart?

Answered: 1 week ago

Question

The Federal Reserve's liabilities include

Answered: 1 week ago