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

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SkyChefs, Incorporated, prepares in-fight meals for a number of major airlines. One of the company's products is grilled saimon with new potatoes and 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 $20.00 per hour. According to the standard cost card for this meal, it should require 0.25 direct labor-hours ot a cost of $19.75 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 4,000 meols? 2. What is the standard labor cost allowed (SH SR) to prepare 4,000 meals? 3. What is the labor spending voriance? 4. What is the lobor rate varionce and the lobor efficiency variance? Note: For requirements 3 and 4 , indicote the effect of eoch variance by selecting "F" for favorable, "U " for unfevorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values

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