Question: Logistics Solutions provides order fulfillment services for dot.com merchants The company maintains warehouses that stock items carned by its dot.com clients. When a client receives

 Logistics Solutions provides order fulfillment services for dot.com merchants The company

Logistics Solutions provides order fulfillment services for dot.com merchants The company maintains warehouses that stock items carned by its dot.com 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 labor-hours in the most recent month, 155,000 items were shipped to customers using 6.800 direct labor-hours. The company incurred a total of $22,100 in variable overhead costs. According to the company's standards, 0.04 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $330 per direct labor hour Required: 1. Wat is the standard labor hours allowed (SH) to ship 165,000 items to customers? 2. What is the standard vanable overhead cost allowed (SHSR) to ship 165,000 items to customers? 3. What is the variable overhead spending vanance? 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 (.e., zero voronce). Input all amounts as positive values. Do not round Intermediate calculations.) 1. Standard quantity of labor hours allowed 2. Standard vanabin overhead cost allowed Variatie overhead spending variance Variable overhead rate variance 4. Variable overhead officiency variance

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