Logistics Solutions provides order fuifiliment services for dot com merchants. The company maintains warehouses that stock items carried by its dot com clients. When a client recerves 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 items were shipped to customers using 6,500 direct labor-hours. The company incurred a total of $20,800 in variable overhead costs. According to the company's standards, 003 direct labor-hours are required to fulfill an order for one item and the variable overhead rote is $325 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 allowed (SH SR) to ship 160,000 items to customers? 3. What is the variable overhead spending variance? 4 What is the variable overheed 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 (i.e., zero variance). Input all amounts as positive volues. Do not round intermediate calculations.)