Answer Happy

SkyChefs, Incorporated, prepares in-flight meals for a number of
major 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 6,200 of these meals using
1,200 direct labor-hours. The company paid its direct labor workers
a total of $10,800 for this work, or $9.00 per hour.
According to the standard cost card for this meal, it should
require 0.20 direct labor-hours at a cost of $8.50 per hour.
Required:
1. What is the standard labor-hours allowed (SH) to prepare
6,200 meals?
2. What is the standard labor cost allowed (SH × SR) to prepare
6,200 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 "F" for favorable, "U" for unfavorable, and
"None" for no effect (i.e., zero variance). Input all amounts as
positive values. Do not round intermediate
calculations.)