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skyChefs incorporated prepares in flight meals for a number of major airlines one of the companys products is grilled salmon with mixed vegetables during the
skyChefs incorporated prepares in flight meals for a number of major airlines one of the companys products is grilled salmon with mixed vegetables during the most recent week the company prepared of these mealsSkyChefs, Incorporated, prepares inflight 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 of these meals using direct
laborhours. The company paid its direct labor workers a total of $ for this work, or $ per hour.
According to the standard cost card for this meal, it should require direct laborhours at a cost of $ per hour.
Required:
What is the standard laborhours allowed SH to prepare meals?
What is the standard labor cost allowed to prepare meals?
What is the labor spending variance?
What is the labor rate variance and the labor efficiency variance?
For requirements and indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for
no effect ie zero variance Input all amounts as positive values.
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