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Logistics Solutions provides order fulfilment services for dotcom merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives
Logistics Solutions provides order fulfilment services for dotcom merchants. The company 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 ftem from storage, packs it and ships it to the customer. The company uses a predetermined varlable overhead rate based on direct laborhours. In the most recent month, items were shipped to customers using direct laborhours. The company incurred a total of $ in variable overhead costs. According to the company's standards, direct laborhours are required to fulfill an order for one item and the variable overhead rate is $ per direct laborhour. Required: What is the standard laborhours allowed SH to ship items to customers? What is the standard variable overhead cost allowed SH SR to ship items to customers? What is the variable overhead spending variance? What is the variable overhead rate variance and the variable overhead efficiency variance? For requirements and indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values. Do not round intermediate calculations. table Standard quantity of laborhours allowed,, Standard variable overhead cost allowed,, Variable overhead spending variance,, Variable overhead rate variance,, Variable overhead efficiency variance,,
Logistics Solutions provides order fulfilment services for dotcom merchants. The company 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 ftem from storage, packs it and ships it to the customer. The company uses a predetermined varlable overhead rate based on direct laborhours.
In the most recent month, items were shipped to customers using direct laborhours. The company incurred a total of $ in variable overhead costs.
According to the company's standards, direct laborhours are required to fulfill an order for one item and the variable overhead rate is $ per direct laborhour.
Required:
What is the standard laborhours allowed SH to ship items to customers?
What is the standard variable overhead cost allowed SH SR to ship items to customers?
What is the variable overhead spending variance?
What is the variable overhead rate variance and the variable overhead efficiency variance?
For requirements and indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance Input all amounts as positive values. Do not round intermediate calculations.
table Standard quantity of laborhours allowed,, Standard variable overhead cost allowed,, Variable overhead spending variance,, Variable overhead rate variance,, Variable overhead efficiency variance,,
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