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SkyChefs, Incorporated, prepares in flight meals for a number of major airlines. One of the company's products is grilled salmon with new potatoes and mixed

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SkyChefs, Incorporated, 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. Ouring the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company paid its direct labor workers a total of $36,800 for this work, or $1150 per hour According to the standard cost card for this meat, it should require 0.50 direct labor-hours at a cost of $1100 per hour Required: 1. What is the standard labor-hours allowed (SH) to prepare 6,500 meals? 2. What is the standard labor cost aliowed ( SH * SR) to prepare 6.500 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? Note: For requirements 3 and 4 , indicate the effect of eoch varionce by selecting "F" for fovorable, " U " for unfavorable, and "None" for no effect (i.e., zero varionce). Input all omounts as positive values

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