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SkyChefs, |nc., prepares in-ight meals for a number of major airlines. One ofthe company's products is grilled salmon in dill sauce with baby new potatoes

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SkyChefs, |nc., prepares in-ight meals for a number of major airlines. One ofthe company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,300 ofthese meals using 1,800 direct labor-hours. The company paid its direct labor workers a total of $18,000 for this work, or $10.00 per hour According to the standard cost card for this meal, it should require 0.30 direct labor-hours at a cost of $9.20 per hour Required: 1. What is the standard labor-hours allowed (SH) to prepare 6,300 meals? 2. What is the standard labor cost allowed (SH X SR) to prepare 6,300 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 each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do no round intermediate calculations.) Standard laborhours allowed _- Standard labor cost allowed _

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