The following information was taken from the records of Aklan Corporation that uses three-way analysis for overhead variance: Number of units actually produced 95,000 Total overhead spending variance 6,500 unfavorable Total overhead efficiency variance 52,250 unfavorable Total overhead volume variance 56,250 unfavorable Budgeted machine hours 250,000 Standard machine hours allowed on actual production 237,500 Actual machine hours 247,000 Total factory overhead P 2,490,000

Required: a. What is the standard machine hour per unit?

b. What is the budgeted production for the period?

c. What is the standard variable overhead rate per hour?

d. How much is the budgeted fixed overhead?