Requlred Information [The following information applies to the questions displayed below. 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 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 26,125DLH, computed as 52,250 units 0.5DLH per unit. 2 Compute the standard overhead appiled. 3. Compute the total overhead variance Note: Indieate the effect of the varionce by relecting favorabie, unfavorable, or no varlance