7, Inc.'s overhead costs for the month: ) to production based on standard direct labor hours. Compute the standard variab ts and some the standard variable ausbood allocation cota 1 Data Table - bn ra $ 7,200 $ 3,600 Static budget variable overhead Static budget fixed overhead Static budget direct labor hours Static budget number of units 1,200 hours 5,000 units Print Done Homework: Week Six : Chapter 8 : Exercises Save Score: 0 of 1 pt 5 of 16 (1 complete) HW Score: 1.17%, 0.19 of 16 p 523-9 (similar to) Question Help The following information relates to Watson, Inc.'s overhead costs for the month: (Click the icon to view the information.) Watson allocates manufacturing overhead to production based on standard direct labor hours. Compute the standard variable overhead allocation rate and the standard fixed overhead allocation rate. Select the formula, then enter the amounts and compute the standard variable overhead allocation rate. Standard variable overhead allocation rate