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 0.5DLH per unit. The company reports the following for this period. . Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 25,000 DLH, computed as 50,000 units x .5 DLH per unit. . Compute the standard overhead applied. Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)