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 Actual Results Production (in units) 54,250 50,800 Overhead Variable overhead $ 298,375 Fixed overhead 54,250 Total overhead $ 352,625 $ 361,100 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 27,125 DLH, computed as 54,250 units 0.5 DLH per unit. Compute the standard overhead applied. Compute the total overhead variance