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SkyChats, Inc., prepares in-flight meals for a number of major sirlines. One of the company's products is grilled salmon indice with baby new potatoes and

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SkyChats, Inc., prepares in-flight meals for a number of major sirlines. One of the company's products is grilled salmon indice with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4 800 of these mess using 1400 direct labor-hours. The company pold its direct labor workers a total of $18.200 for this work, or $13.00 per hour According to the standard cost card for this mesi, it should require 0.30 direct labor-hours at a cost of $12.50 per hour Required: 1. What is the standard tabor hours allowed (SH) to prepare 4 800 meals? 2. What is the standard labor cost allowed (SHSR) to prepare 4.800 meals? 3. What is the labor spending variance? 4. What is the inborrate variance and the labor efficiency variance? (For requirements 3 and 4, indicate the effect of each variance by selecting for favorable, "U" for unfavorable, and "None" for no effect letero variance). Input all amounts as positive values. Do no round Intermediate calculations.) 1 2 a. 4 Standard labor hours lowed Standard borcostalowed Labor spending variance Laborrate variance Labor any variance av w MacBook Pro

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