LOGISTICS SOLUTIONS

Logistics Solutions provides order fulllment services for dotcom merchants. The company maintains warehouses that stock items carried by its dotcom 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 a predetermined variable overhead rate based on direct laborhours. In the most recent month, 195,000 items were shipped to customers using 8,600 direct laborhours. The company incurred a total of $30,530 in variable overhead costs. According to the company's standards, 0.04 direct laborhours are required to fulll an order for one item and the variable overhead rate is $3.60 per direct laborhour. Required: 1. What is the standard labor-hours allowed {SH} to ship 195,000 items to customers? 2. What is the standard variable overhead cost allowed [SH x SR] to ship 195,000 items to customers? 3. What is the variable overhead spending variance? 4. What is the variable overhead rate variance and the variable overhead 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 no round intermediate calculations.) Standard quantityr of laborhours allowed . Standard variable overhead cost allowed . Variable overhead spending variance . Variable overhead rate variance Variable overhead efciency variance