Exercise 9-6 (Algo) Variable Overhead Variances [LO9-6] Logsties Solutions provides order fulfiliment services for dot com merchants. The comparny maintains warehouses that stock items carried by its dot com cllents. 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 predetermined variable overhead rate based on diect fabor-hours. In the most recent month, 200.000 items were shipped to customers using 8.900 direct labor-hours. The company incurred a total of $32,040 in variable overhead costs. According to the company's standards, 0.03 direct labor-hours are required to fulfal an order for one item and the variable overhead rate is $3.65 per direct labor-hour. Required: 1. What is the standard labor-hours alowed (SH) to ship 200,000 trems to customers? 2. What is the standard variable overhead cost allowed ( 5H5R ) to ship 200,000 items to customers? 3. What is the variable overhead spending variance? 4. What is the variable overhead rate variance and the variable oveihead efficiency variance? no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.)