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ShyChefs, Incomporated, prepores in-flight meats for a number of major ainines. One of the company's products is grilied salmon in dill sauce with baby new

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ShyChefs, Incomporated, prepores in-flight meats for a number of major ainines. One of the company's products is grilied salmon in dill sauce with baby new potatoes and sping vegetables. During the most recent week, the company prepared 3,500 of these meais using 950 direct laborchours. The company paid its direct labor workers a total of $10,450 for this work, or $11,00 per hour According to the standard cost card for this meal, it should require 0.30 direct laborhours at a cost of $950 per hour. Required: 1. What is the standard labor hours allowed (SH) to prepare 3,500 meals? 2. What is the standard labor cost allowed (SH = SR) to prepare 3,500 meals? 3. What is the labor spencing variance? 4. What is the labot rate variance and the labor efficiency vartance? (For requirements 3 and 4 , indicate the effect of each variance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (i.e, zero variance). Input all amounts os positive values. Do not round intermediote colculations.)

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