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SkyChefs, incorporated, prepares in-fight meals for a number of major alilines, One of the company's products is grilled salmon with new potatoes and mixed vegetables.

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SkyChefs, incorporated, prepares in-fight meals for a number of major alilines, One of the company's products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 6.600 of these meals using 1.950 . direct labor-hours. The company paid its direct labor workers a total of $27,300 for this work, or $14,00 per hour According to the standard cost card for this meal, it should require 0.30 direct labor-hours at a cost of $13.00 per hour Required: 1. What is the standard labor-hours allowed (SH) to prepare 6,600 meals? 2. What is the standard labor cost allowed (SH SR) to prepare 6,600 meals? 3. What is the labor spending varlance? 4. What is the labor fate variance and the labor efliciency 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 varience). Input all amounts as positive values.) Huron Compleny produces a commercial cleaning compound known as Zoom. The direct moterials and direct laber standards for one unit of Zoom are given below: During the most recent month, the following activity was recorded: a. Eleven thousand pounds of material were purchased at a cost of $2.40 per pound b. The company produced only 1,100 units, using 9,900 pounds of material. (The rest of the moterial purchased remained in raw materials inventory] c. 650 hours of direct labor time were recorded at a total labor cost of $7,800. Required: Compute the materials price and quantity variances for the month. (indicate the effect of each variance by selecting "F* for favorable, "U* for unfavorable, and "None" for no effect (l.e.4 zero variance). Input all amounts as posithe values. Do nat round intermediate caleulations.)

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