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Logistics Solutions provides order fulfiliment services for dotcom merchants. The company maintains warehouses that stock items carried by its dotcom clients. When a client receives

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Logistics Solutions provides order fulfiliment 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 customet. The company uses a predefermined variable overhead rate based on direct labor hours In the most recent month, 110,000 items were shipped to customers using 3.500 direct labor-hours. The company incurred a total of $9.450 in variable overhead costs. According to the company's standards. 0.03 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $275 per direct labor-hour Required: 1. What is the standard tabor-hours allowed (SH) to ship 110.000 items to customers? 2. What is the standard varlable overhead cost allowed (SH = SP) to ship 110,000 items to customers? 3. What is the varlable overhead spending varlance? 4. What is the vatiable ovethead rate varlance and the varlable overhead efficiency vatiancr? (For requirements 3 and 4 , indicate the effect of ench variance by selecting "F" for faverable, "U" for unfaverable, ond "None " for no effect (..e, zero varience). Input all amounts as positive volues. Do not round intermediate calculations.)

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