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Shychefs, Incorporated, prepares in-lighte meals for a number of major alilines. One of the compary's products is grilled saimon with miked vegetables, During the moct

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Shychefs, Incorporated, prepares in-lighte meals for a number of major alilines. One of the compary's products is grilled saimon with miked vegetables, During the moct recent week, the compary prepared 4,800 of these moals using 882 direct labor hours. The compahy paid its direct labor workers a total of $10,143 for this work, or $11.50 per hour. According to the standard cost card for this meal, it thould require 0.20 direct laborthour at a coct of $10.50 per hour: Pequired 1. What is the standard labor hours allowed (SH) to prepare 4,800 meals? 2 What is the standard labor cost allowed (SH SR) to prepare 4,800 meals? 3. What is the labor spending vartance? 4. What are the labor rate vanance and the labor efficlency vantance? Note: For requirements 3 and 4 , Indicate the effect of each vartance by selecting F" forfavorable, "U" for unfavorable, and None" for no effect ple, zero varlance), input all amounts as postive values

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