. Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Flexible Budget at 80% Capacity 52,250 Actual Results Production (in units) 47,600 Overhead Variable overhead $ 287,375 Fixed overhead 52,250 Total overhead $ 339,625 $ 334,700 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 26,125 DLH, computed as $2.250 units 05 DLH per unit. 2. Compute the standard overhead applied 3. Compute the total overhead variance. Undicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 1. Standard overmadr 2. Bandant overheated 3. Overhead vanace (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Volume variance Required 2 > Complete this question by entering your answers in the tabs below. Required 11 Required 2 Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable variance Controllable variance Required 1