Question: plz help! Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a

Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a custo: the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The compaly uses a predetermined variable overhead rate based on direct labor-hours. In the most recent month, 145,000 items were shipped to customers using 5,600 direct labor-hours. The company incurred a total of $17,080 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 $3.10 per direct labor-hour. Required: 1. What is the standard labor-hours allowed (SH) to ship 145,000 items to customers? 2. What is the standard variable overhead cost allowed ( SHSR ) to ship 145,000 items to customers? 3. What is the variable overhead spending variance? (Hint: This is the difference between the total standard cost in \&2 and the total amount they spent; it is also the sum of the price and quantity variances below) 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 not round intermediate calculations.) 1. What is the standard labor-hours allowed (SH) to ship 145.0C ms to customers? 2. What is the standard variable overhead cost allowed ( SHSR ) to ship 145,000 items to customers? 3. What is the variable overhead spending variance? (Hint: This is the difference between the total standard cost in $2 and the total amount they spent; it is also the sum of the price and quantity variances below.) 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 not round intermediate calculations.)
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