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SkyChefs, Incorporated, prepares in-flight mesls for a number of mojor sirlines. One of the compony's...

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Accounting

SkyChefs, Incorporated, prepares in-flight mesls for a number of mojor sirlines. One of the compony's products is grilled salmon with
mixed vegetables. During the most recent week, the company prepared 4,800 of these meals using 1,400 direct labor-hours. The
company paid its direct labor workers a totol of $18,200 for this work, or $13.00 per hour.
According to the standard cost card for this meal, it should require 0.30 direct labor-hour at a cost of $1250 per hour.
Requlred:
What is the standard labor-hours allowed (SH) to prepare 4,800 meals?
2 What is the standard labor cost allowed (SHSR to prepare 4,800 meals?
What is the lobor spending voriance?
What are the labor rate variance and the lobor efficiency voriance?
Note: For requirements 3 and 4, Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and
"None" for no effect (l.e., zero varlance). Input all amounts as positive values.
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