SkyChefs, Incorporated, prepares in-fight meals for a number of major aitines. One of the company's products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 3.500 of these meals using 950 direct labor-hours. The company paid its direct labor workers a total of $10,450 for this work, or $1100 per hour: According to the standard cost card for this meal, it should require 0.30 direct labor-hours at a cost of $950 per hour Required: 1. What is the standard fabor-hours allowed (SH) to prepare 3,500 meals? 2 What is the standard labor cost allowed (SH SR) to prepare 3,500 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 variance by selecting "F" for favorable, " U " for unfovorable. ond "None" for no effect (i.e., zero variance). Input all amounts as positive values