3 Book 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 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. 160.000 lems were shipped to customers using 6.500 direct labor-hours. The company incurred a total or $20,800 in variable overhead costs According to the company's standards, 003 collect labor-hours are required to ruil an order for one item and the variable overhead rate is $3 25 per direct labor-hour Required: 1 What is the standard labor hours allowed (SH) to ship 160,000 items to customers? 2. What is the standard variable overhead cost ollowed (SHSR) to ship 160,000 items to customers? 3. What is the variable overhead spending variance? 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 (le, zero variance), Input all amounts os positive values. Do no round intermediate calculations.) Hair Ack erences 1 Standard quantity of Labor hours a towed 2 Standard variable overhead cost slowed 3 Variable overhead spending variance 4 Varatie overhead rate variance Vartale adetency variance