SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,700 of these meals using 1,300 direct labor-hours. The company paid its direct labor workers a total of $16,900 for this work, or $13.00 per hour. According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a cost of $12.50 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 6,700 meals? 2. What is the standard labor cost allowed (SH SR ) to prepare 6,700 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? (For requirements 3 and 4 , indicate the effect of eoch variance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance). Input all amounts as positive volues. Do not round intermediate calculations.) Logistics Solutions provides order fulfilment services for dot.com merchants. The company maintains warehouses that stock items carried by its dotcom clients. When a client recelves an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses a predetermined variable overhead rate based on direct labor-hours. In the most recent month, 130,000 items were shipped to customers using 4,700 direct labor-hours. The company incurred a total of $13.630 in variable overhead costs According to the company's standards, 0.03 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $295 per direct labor-hour. Required: 1. What is the standard labor-hours allowed (SH) to ship 130,000 items to customers? 2. What is the standard variable overhead cost allowed (SH SR) to ship 130,000 items to customers? 3. What is the variable overhead spending variance? 4. What is the variable overhead rate variance and the variable overhead efficiency 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 variance). Input all omounts as positive values. Do not round intermediate calculations.) Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been set for one Jogging Mate are as follows During August, 10,320 hours of direct labor time were needed to make 19,400 units of the Jogging Mate. The direct labor cost totaled $61,920 for the month. Required: 1. What is the standard labor-hours allowed (SH) to makes 19,400 Jogging Mates? 2. What is the standard labor cost allowed (SH SR) to make 19,400 Jogging Mates? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? 5. The budgeted variable manufacturing overhead rate is $4.50 per direct labor-hour. During August, the company incurred $49.536 in variable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month. (For requirements 3 through 5 , indicate the effect of each variance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance). Input oll amounts as positive values. Do not round intermediate calculations.) Va Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: White gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example. wages should be $7,100 plus $2.90 per liter of gelato sold and the actual wages for June were $24,900. Via Gelato expected to sell 6,000 liters in June, but actually sold 6,200 liters Calculate Via Gelato revenue and spending variances for June. (Indicate the effect of each variance by selecting "F" for fovorable. Required: "U" for unfovorable, ond "None" for no effect (i.e., zero voriance). Input all amounts as positive values.) Dawson Toys, Limited, produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy Direct materials: 8 microns per toy at $0.31 per micron Direct labor 1.4 hours per toy at $7.50 per hour During July, the company produced 4,900 Maze toys. The toy's production data for the month are as follows: Direct materials 80,000 microns were purchased at a cost of $0.27 per micion. 31,000 of these microns were still in inventory at the end of the month Direct labor 7160 direct labor-hours were worked at a cost of $55,848. 1. Compute the following variances for July: (Indicate the effect of each vorionce by selecting "F" for favorable, "U" for unfovorable. Required: and "None" for no effect (i.e., zero varionce). Input all amounts os positive values. Do not round intermediote calculations. Round final onswers to the neorest whole dollar omount.) a. The materials price and quantity variances. b. The labor rate and efficiency variances