Capiz Corporation uses the two-way overhead variance analysis. During the recently ended period, total controllable variance was determined to be at P16,000 unfavorable while total non-controllable variance was at P6,000 favorable. Total actual factory overhead amounted to P3,530,000. Actual production totaled 352,000 units while standard machine hours per unit produced is 2 hours. Total budgeted capacity is 700,000 machine hours.

a. How much is the total overhead applied to actual production?

b. What is the standard overhead rate per hour?

c. What is the budgeted fixed overhead?

d. What is the standard variable rate per hour?