1: Assignment Saved Help Save & Exit Submit 20 Part 1 of 2 Check my work Use the following information for the Exercises below. (Algo) [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. Flexible Hudget at Actual 808 Capacity Results Production (in units) 50,250 44,400 Overhead Variable overhead $ 276,375 Pixed overhead 50,250 Total overhead $ 326,625 $ 300,000 3.84 points Sted Book Hint Print References Exercise 21-17 (Algo) Computing standard overhead rate and total overhead variance LO P4 1. Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 25,125 DLH.computed as 50,250 units * 0.5 DLH per unit. 2. Compute the standard overhead applied. 3. Compute the total overhead variance (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 1. Standard overhead rate 2. Standard overhead applied 3. Overhead variance