SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 3,500 of these meals using 950 direct labor- hours. The company pold 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 labor-hours at a cost of $9,50 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 (SHSR) to prepare 3,500 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 "P" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) ces 1. 2 3 Standard labor hours allowed Standard labor cost allowed Labor spending variance Labor ratovariance Labor efficiency variance Bandar Industries manufactures sporting equipment. One of the company's products is a football helmet that requires special plastic During the quarter ending June 30, the company manufactured 3,900 helmets, using 2,379 kilograms of plastic. The plastic cost the company $18,080. According to the standard cost card, each helmet should require 0.53 Kllograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,900 helmets? 2. What is the standard materials cost allowed (SQ * SP) to make 3,900 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity 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 (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.) 1 2 3 Standard quantity of Kilograms allowed Standard cost allowed for actual output Materials sponding variance Materials price variance Materials quantity variance 4