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production level (expressed in hours): variable overhead, P150,000; fixed overhead, P240,000. If Webster now revises its anticipated production slightly downward, it would expect: *     A.total fixed overhead of P240,000 and a lower hourly rate for variable overhead.   B.total fixed overhead of P240,000 and the same hourly rate for variable overhead.   C. total fixed overhead of P240,000 and a higher hourly rate for variable overhead.   D. total variable overhead of less than P150,000 and a lower hourly rate for variable overhead.   E. total variable overhead of less than P150,000 and a higher hourly rate for variable overhead.

production level (expressed in hours): variable overhead, P150,000; fixed overhead, P240,000. If Webster now revises its anticipated production slightly downward, it would expect: *     A.total fixed overhead of P240,000 and a lower hourly rate for variable overhead.   B.total fixed overhead of P240,000 and the same hourly rate for variable overhead.   C. total fixed overhead of P240,000 and a higher hourly rate for variable overhead.   D. total variable overhead of less than P150,000 and a lower hourly rate for variable overhead.   E. total variable overhead of less than P150,000 and a higher hourly rate for variable overhead.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Webster has the following budgeted costs at its anticipated production level (expressed in hours): variable overhead, P150,000; fixed overhead, P240,000. If Webster now revises its anticipated production slightly downward, it would expect: *
 
 
A.total fixed overhead of P240,000 and a lower hourly rate for variable overhead.
 
B.total fixed overhead of P240,000 and the same hourly rate for variable overhead.
 
C. total fixed overhead of P240,000 and a higher hourly rate for variable overhead.
 
D. total variable overhead of less than P150,000 and a lower hourly rate for variable overhead.
 
E. total variable overhead of less than P150,000 and a higher hourly rate for variable overhead.
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