Please answer the following questions and label the correct answer! please show work - i want to better understand how to solve for this! will thumbs up!

1. What is the standard label-hours allowed (SH) to prepare 15,000 meals?

2. What is the standard labor cost allowed (SH*SR) to prepare 15,000 meals?

3. what is the total labor spending variance? if favorable, show a positive number; if unfavorable show a negative number

4. What is the labor rate variance? if favorable, show a positive number; if unfavorable show as a negative number

5. what is the labor efficiency variance (same rule as last two questions)

Thank you!

SkyMines, Inc. prepares meals for a number of major aerospace corporations, including their famous Moon Pie Sandwich. During the most recent week, the company prepared 15,000 of these meals using 4,800 direct labor-hours. The company paid its direct labor workers a total of $150,00 for this work, or $31.25 per hour. According to the standard cost card for this meal, it should require 0.37 direct labor-hours at a cost of $29.40 per hour