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Logistics 5 olutions malntoins warehouses that stock itens carried by its dot.com clients. When a client recetves an order from a customer, the order is

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Logistics 5 olutions malntoins warehouses that stock itens carried by its dot.com clients. When a client recetves an order from a customer, the order is forwarded to Logistics Solutions, which pulls the ifem from storage, packs it, and ships it to the customer. The company uses a predetermined variable overtsead rate based on direct labor-hours. In the most recent month, 140,000 iteris were shipped to customers using 5,300 direct labor-hours. The company incurred a total of $15,900 in vartable overthead costs: According to the company's standards, 0.03 direct labor-hour is reculied to fultill an order for one item and the vuriable overhead rate is $3.05 per direct labor hour. Required: 1. What is the standard labor-hours allowed (SH) to ship 140,000 items to customers? 2. What is the standard variable owerhead cost allowed (SH SR) to ship 140,000 items to customers? 3. What is the variable overhead spending variance? 4. What are the variable overthead rate variance and the varable overhesd efficlency variance? Note: For requirements 3 and 4 , indicate the effect of each variance by selecting " F " for favorable, " U " for unfovorable, and "None" for no effoct (i.e, zero variance), Input all amounts as positive values. Do not round intermediate calculations

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