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hi, i need help with this homework problem.b SkyChefs, Incorporated, prepares...

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hi, i need help with this homework problem.b
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SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the company's products is grilled saimon with new potatoes and mixed vegetables. During the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company pald its direct labor workers a total of $36,800 for this work, or $11.50 per hour. According to the standard cost card for this meal, it should require 0.50 direct labor-hours at a cost off $11.00 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 6,500 meals? 2. What is the standard labor cost allowed (SH SR) to prepare 6,500 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 varlance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.)

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