Sylvia's Kettle Potato Chips produces gourmet chips distributed to chain sub shops throughout Califomia. To ensure that their chips are of the highest quality and have taste appeal, Sylvia has a rigorous inspection process. (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute two variances that help determine whether the time scent on inspections was more or less than expected Begin by calculating the following amounts for the inspection hours. (Enter you Actual Hours For Inspection Actual Pounds Standard Inspected + Budgeted for Actual Pounds per Hour Pour Help me solve this Etext pages Get more help 88F Partly sunny More info For quality control purposes. Sylvia has a standard based on the number of pounds of chips inspected per hour and the number of pounds that pass or fail the inspection. Sylvia expects that for every 5,500 pounds of chips produced, 1,100 pounds of chips will be inspected. Inspection of 1,100 pounds of chips should take 1 hour. Sylvia also expects that 2% of the chips inspected will fail the inspection. During the month of May, Sylvia produced 1,320,000 pounds of chips and Inspected 209,000 pounds of chips in 220 hours. Of the 209,000 pounds of chips inspected. 4,780 pounds of chips failed to pass the inspection. Print Done Clear all Check answer 11:35 AM 5/0/2022 Sylvia's Keille Polato Chips produces gourmet chips distributed to chain sub shops throughout California. To ensure that their chips are of the highest quality and have faste appeal, Sylvia has a rigorous inspection process. (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute two variances that help determine whether the lime spent on inspections was more or less than expected. Begin by calculating the following amounts for the inspection hours. (Enter your answers to one decimal place, X.X.) Actual Hours For Inspection Actual Pounds Inspected + Budgeted Pounds per Hour Standard Pounds Inspected for Actual Output + Budgeted Pounds per Hour Help me solve this Etext pages Get more help 88F Partly sunny Requirements 1. 2. Compute two variances that help determine whether the time spent on inspections was more or less than expected. (Follow a formal similar to the one used for the variable overhead spending and efficiency variances, but without prices.) Compute two variances that can be used to evaluate the percentage of the chips that falls the inspection. Print Done Clear all Check answer 11:35 AM 5/0/2022