Loglstics Solutions provides order fulfillment services for dotcom merchants. The company maintains
Warehouses that stock Items carrled by Its
dot.com clients. When a client recelves 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 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 varlable overhead costs.
According to the company's standards, direct laborhours are requlred to fulfill an order for one item and
the varlable overhead rate is $ per direct laborhour.
Required:
What is the standard laborhours allowed SH to ship items to customers?
What is the standard varlable overhead cost allowed SH to ship items to customers?
What is the varlable overhead spending varlance?
What is the varlable overhead rate varlance and the varlable overhead efficlency varlance?
For requirements and Indicate the effect of each varlance by selecting F for favorable, U for
unfavorable, and "None" for no effect e zero varlance Input all amounts as positive values. Do not round
intermedlate calculations.