Ralston has the following budgeted costs at its anticipated production level (expressed in hours): variable overhead, $170,700: fixed overhead, $280,000. If Ralston now revises its anticipated production slightly upward, it would expect Multiple Choice total fixed overhead of $280,000 and the same hourly rate for variable overhead total fixed overhead of $280,000 and a lower hourly rate for variable overhead. total fixed overhead of $280,000 and a higher hourly rate for variable overhead. total variable overhead of less than $170,700 and a lower hourly rate for variable overhead. total variable overhead of less than $170,700 and a higher hourly rate for variable overhead