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

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SkyChets, Incorporated, prepares in-fight meals for a number of major airlines, One of the company's products is grilled salmon with new potatoes and mixed vegetables. Duning the most recent week, the company prepared 5,100 of these meals using 2.000 direct labor-hours. The company paid its direct labor workers a total of $28.000 for this work, or $14.00 per hout According to the standard cost card for this meal, it should require 0.40 direct laborhours at a cost of $13,50 per hour Required: 1. What is the standard labor hours allowed (SH) to prepare 5.100 meals? 2. What is the standard labor cost allowed (SH X SR) to prepare 5,100 meals? 3. What is the labor spending vartance? 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 unfovorable, ond "None" for no effect (i.e., zero voriance). Input all amounts os positive volues.)

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