Logistics Solutions provides order fulfiltment services for dot.com merchants. The company maintains warohouses that stock items carried by its dot.com clients. Whina elient recelves an order from a customer, the order is forwarded to Logistics Solutions, which pults the ifem from storege, pocks 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, 120,000 items were shipped to customers using 4,100 direct labor-hours. The company incurred o total of $11.480 in variable overhead costs. According to the company's standards, 0.03 direct lobor-hours are required to fulfill an order for one item and the variable overhead rate is $285 per direct laborthour Required: 1. What is the standard labor-hours allowed (SH) to ship 120,000 items to customers? 2. What is the standard variable overhead cost allowed (SH SR) to ship 120,000 items to customets? 3. What is the variable overhead spending vartance? 4. What is the variable overhead rate variance and the varlable overheed efflciency 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 (le, zero varlance). Input all amounts as positive values. Do not round intermediate calculations.)