The following information relates to Goldman, Inc.'s overhead costs for the month: Click the icon to view the information.) Goldman 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 so arc Choose from any drop-down list and then click Check Answer Clear All Check Answer parts remaining 3 1 Data Table $ Static budget variable overhead 8,000 $ 3,000 Static budget fixed overhead Static budget direct labor hours 1,000 hours Static budget number of units 4,800 units Print Done