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SkyChefs, Incorporoted, prepares in-flight meals far a number of mojor airlines. One of the compony's...

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Accounting

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SkyChefs, Incorporoted, prepares in-flight meals far a number of mojor airlines. One of the compony's products is grilled saimon with new potofoes and mixed vegetables. During the most recent week, the compsay prepored 4,800 of these meals using 882 direct Accoxding to the standard cost card for this meat, it should recuire 0,20 direct taborthours ot a cont of $10, 50 per hour Required: 1. What is the standard lobor-hours aflowed (SM) 10 prepore 4,800 meals? 2 What is the ettandard labor coat allowed (SH - SR) to prepare 4,800 meals? 3. What is the lobor spending variance? 4 What is the labor rate variance and the labor efficiency vanance? (For requirements 3 and 4, indleate the effect of Eoch variance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (le, zero variance), input all amounts as positive values.)

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