Logistics Solutions provides order fulfillment services for dot.com merchants. The company malntains warehouses that stock items carrled by its dotcom clients. When a client recelves 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 varlable overhead rate based on direct labor-hours. In the most recent month, 120,000 Items were shipped to customers using 4,100 direct labor-hours. The company Incurred a total of $11,480 in varlable overhead costs. Accordling to the company's standards, 0.03 direct labor-hours are required to fulfill an order for one item and the varlable overhead rate is $285 per direct labor-hour. Requlred: 1. What is the standard labor-hours allowed (SH) to ship 120,000 items to customers? 2. What is the standard varlable overhead cost allowed (SH SR) to ship 120,000 items to customers? 3. What is the varlable overhead spending varlance? 4. What is the varlable overhead rate varlance and the varlable overhead efficlency varlance? (For requlrements 3 and 4 , Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values. Do not round Intermedlate calculations.)