Logistics Solutions provides order fuifilment servces for dotcom merchants. The company maintains warehouses that ftock items carried by its dotcom clients. When a client recefves an order from a customer, the order is forwarded to Logistics Solutions, which pulls the them from storage, pocks it, and ships it to the customet. The corpany uses a prederermined variable overhead rate bused on direct labar-houts In the most recent month, 155,000 nems were shipged to customers using 6,000 direct labor hours. The compeny incurred a totaf of $17.400 in variable overhead costs According to the company's standards, 0.04 direct labor hours are required to fulfil an order for one item and the variable overhead rate is $300 per direct tabor hour Required: 1. What is the standard labor-hours allowed (50) to ship 155,000 rems to customers? 2. What is the standard variabie ovethead cont allowed (SH = SR to ship 155,000 items to customers? 3. What is the variable overhead spending vartance? 4. What is the variable overhead rate variance and the voliable ovechead efficiency variance? (For requirements 3 and 4 , Indicate the effect of each varience by selecting "F" for favorable, "U" for unfavorable, ond "None" for no effect (l.e, zero variance). Input all omounts as positlve values. Do not round intermediate calculations.)