SkyChefs, Incorporated, prepares in$-$flight meals for a number of major airlines. One of the company$$s products is grilled salmon with mixed vegetables. During the most recent week, the company prepared $4,000$ of these meals using $960$ direct labor$-$hours. The company paid its direct labor workers a total of $$19,200$ for this work, or $$20\mathrm{.}00$ per hour.

According to the standard cost card for this meal, it should require $0\mathrm{.}25$ direct labor$-$hour at a cost of $$19\mathrm{.}75$ per hour.

Required:

What is the standard labor$-$hours allowed $($SH$)$ to prepare $4,000$ meals?

What is the standard labor cost allowed $($SH $\backslash$times SR$)$ to prepare $4,000$ meals?

What is the labor spending variance?

What are the labor rate variance and the labor efficiency variance?