Help Save & Exit Subm OL ch9-10 Check my work SkyChefs, Inc. prepares in flight meals for a number of m or 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 4,000 of these meals using 750 direct labor hours. The company paid its direct labor workers a total of $6.000 for this work, or $800 per hour According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a cost of $700 per hour Required: 1. What is the standard labor hours allowed (SH) to prepare 4000 meals? 2 What is the standard Labor cost allowed (SHSR) to prepare 4000 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 for favorable "U" for unfavorable, and "None" for no effectie, zero variance) Input all amounts as positive values. Do not found intermediate calculations.) 1 Sundard labor hours lowed Stanand labor cost allowed Lo spendovance Laborarance Labor of choncy variance