Skychefs inc, prepares in-flight meals for a number of major airlines. one of the companys products is grilled salmon with potatoes and mixed vegtables. During the most recent week, the company prepared 6,700 of these meals using 1,300 direct-labor hours. The company oaid its direct labor workers a total of $16,900 for this work, or $13.00 per hour.

According to the standard cost card for this meal, it should require 0.20 direct labor hours at a cost of $12.50 per hour.

1. what is the standard labor-hours allowed to prepare 6,700 meals?

2. What is the standard labor cost allowed to prepare 6,700 meals?

3. What is the labor spending variance

4. what is the labor rate variance and the labor efficiency variance?

For 3 & 4 you must include favourable or unfavorable.

Tror requirements 5 ana 4, Micale me eneci I each vanance wy no effect (.e., zero variance). Input all amounts as positive values 1. 2. 3. Standard labor-hours allowed Standard labor cost allowed Labor spending variance Labor rate variance Labor efficiency variance 4. 47