SkyChefs, Incorporated, prepares inflight meals for a number of major alrlines. 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 $7,200$ of these meals using $3,500$ direct labor$-$hours. The company pald its direct labor workers a total of $$31,500$ for this work, or $$9\mathrm{.}00$ per hour.

According to the standard cost card for this meal, It should require $0\mathrm{.}50$ direct labor$-$hours at a cost of $$8\mathrm{.}50$ per hour.

Required:

What is the standard labor hours allowed $($SH$)$ to prepare $7,200$ meals?

$2$ What is the standard labor cost allowed $($SH $$ SR$)$ to prepare $7,200$ meals?

What is the labor spending varlance?

What is the labor rate variance and the labor efficlency varlance?

$($For requirements $3$ and $4,$ indicate the effect of each varlance by selecting $"$F$"$ for favorable, $"U"$ for urfavorable, and "None" for no effect $($i$.$e$,$ zero variance$).$ Input all amounts as posituve values. Do not round intermedlate calculations.$)$

$\backslash$table$[[1.$ Standard labor$-$hours allowed,,$],[2.$ Standard labor cost allowed,,$],[3.$ Labor spending variance,,$],[4.$ Labor rate variance,,$],[4.$ Labor efficiency variance,,$]]$