Logistics Solutions provides order fulfiliment sorvices for dot com metchants. The compamy maintains warehouses that stock items carried by its dot,com clients. When a client receives an order from a cuskomer, 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 iaborihours. In the most recent month, 140,000 iterns were shipped to customers using 5,300 direct laboc-hours. The company incurred a total of $45,900 in variable owerhead costs. According to the company's standards, 000 direct labor-hours are required to fulfil an order for one itern and the variable averheod fate it 53.05 per direct labor-hour Required: 1. What is the standard labor-hours allewed (5H) to ship 140,000 acms to customers? 2. What is the standard variable ovethead cost allowed (5.4 \& 5A to sh p 140.000 items to custoners? 3. What is the variable overhead snending viriance? 4. What is the variable overthead rate variance and the variable overhead efficiency variance? (For vequirements 3 and 4 , Indicate the effect of each variance by seiecting "f" for favorable, "u" for unfaverable, and "None" for no effect (L.en zere veriance). Input all emounts as positive values. Do no round intermediate caiculations.)