Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. skychefs, inc, prepares in-flight meals for a numb

SkyChefs, Inc, prepares in-flight meals for a number of major airlines. One of the company's...

70.2K

Verified Solution

Question

Accounting

image
SkyChefs, Inc, 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 6,300 of these 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 tabor-hours allowed (SH) to prepare 6,300 meals? 2. What is the standard labor cost allowed (SH 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.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of...

Accounting
1.2K views

On January 1, 20X8, Liv Ltd. (LL), a Canadian company, acquired 90% of Marcus Co. (MC),...

Biology
1.2K views

Ebola may fall under the form of transmission called direct droplet transmission True False

Algebra
1.2K views

If p and q vary inversely and p is 26 when q is 5 determine...

Algebra
1.2K views

2 A taxi charges a flat rate of 1 75 plus an additional 0 65...

Algebra
1.2K views

Tell whether each figure is convex or concave a b c convex O concave d...

Accounting
1.2K views

Discuss the challenges associated with securing a successful tax reforms

Accounting
1.2K views

PRINT" VERSO" BACx- Exercise 12-09 Sheridan Company at December 31 has cash $20,800, noncash assets...

Accounting
1.2K views

Paula is single for most of the year. She marries Jeremy on December 10, 2019....

Accounting
1.2K views

YOU MIGHT NEED TO ZOOM IN TO SEE IT MORE CLEARLY The Employer's...

Accounting
1.2K views

GH Traders wrote off R1 750 which represented 20% of the amount owed by a...

Finance
1.2K views

Nita is preparing to go on a trip to Hawaii and determined she needs to...