https:/ewconnect.mheducatioH.CUm Logistics Solutions provides order fulfilment services for dot.com merchants. The company maintains warehouses that stock items carried by ts dot.com clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which puls 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, 150,000 tems were shipped to customers using 5,900 direct labor-hours. The company incurred a total of $18,290 in variable overhead costs According to the company's standards, .direct labor-hours are required to futa an order for one tem and the varable 0 emeaa rate is $3.15 per direct labor-hour Required: 1. What is the standard labor-hours allowed (SHI to ship 150,000 items to customers? 2. What is the standard veriable overhead cost allowed (SH SR) to ship 150,000 nems 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 efflect 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 no round intermediate calculations) 1. Standard quantity of labor-hours allowed overhead spending Variabie overhead ecency varlance overhead cost allowed Prex 2 ofNexe 11 ess...docx FS F4 FS