Required information (The following information applies to the questions displayed below] Manuel Compary 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 DUH per unit. The company reports the following for this period. 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacty is 27,000DLH, computed as 54,000 units * 0.5 DLit per unit. 2. Compute the standard overhead applied 3. Compute the total overhead variance. (indicate the effect of the varionce by selecting favorable, unfavorable, or no variance.)