Exerclse 9.6 (Algo) Varlable Overhead Varlances [LO9.6] Logistics Solutions provides order fulfillment services for dot.com merchents. The compsny maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses o predetermined variable overhead rate based on direct labor-hours. In the most recent month, 190,000 items were shipped to customers using 8,300 direct labor-hours. The compony incurred total of $29,050 in variable overheod costs. According to the company's standards, 0.03 direct labor-hours are required to fulfill an order for one item and the variable overhesd rate is $3.55 per direct labor-hour. Required: 1. What is the standerd labor-hours allowed (SH) to ship 190,000 items to customers? 2. What is the standard varisble overhead cost allowed (SH SR) to ship 190,000 items to customers? 3. What is the veriable overhesd spending variance? 4. What is the variable overhesd rate variance and the variable overheod 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 (1.e., zero varlance). Input all amounts as positive values. Do not round intermediate calculations.) Exerclse 9-13 (Algo) Dlrect Materlals and Dlrect Labor Varlances [LO9.4, LO9-5] Huron Compony produces a commercial clesning compound known as Zoom. The clirect materials and direct labor standards for one unit of Zoom are given below: During the most recent month, the following octivity wos recorded: a. Nineteen thousand two hundred and fifity pounds of material were purchased at a cost of $1.70 per pound. b. All of the material purchased wos used to produce 2,500 units of Zoom. c. 400 hours of direct labor time were recorded at a total labor cost of $5,200. Required: 1. Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency varionces for the month. (For all requirements, Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values. Round your Intermedlate calculations to the nearest whole dollar.)