Logistics Solutions maintains warchouses that stock items carried by its dot.com clients. When a client recelves an order from a customor, the ordior 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 rocent month, 125,000 items were shipped to customers using 4,400 direct tabor-hours. The company incurred a total of $12,540 in variable overhead costs According to the company's standards, 0.04 direct labor-hour is required to fulfill an order for one item and the variable overhead rate is $2.90 per direct laborihout. Required: 1. What is the standard labor hours allowed (SH) to ship 125,000 items to customers? 2. What is the standard variable overhead cost allowed (SH k SR) to ship 125,000 items to customers? 3. What is the variable overthead spending variance? 4. What ore the variable overhead rate variance and the variable overthead efficlency variance? Note: For requirements 3 and 4 , Indleate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and Wone for no effect (i.e, rero variance). Input all amounts as positive values. Do not round intermediate calculations