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ABC has the following budgeted costs at its anticipated production level (expressed in hours):

Variable overhead $150,000
Fixed overhead $240,000.

If ABC now revises its anticipated production slightly downward, it would expect:

a. total fixed o/head of $240,000 and a lower hourly rate for variable o/head.

b. total fixed o/head of $240,000 and the same hourly rate for variable o/head.

c. total fixed o/head of $240,000 and a higher hourly rate for variable o/head.

d. total variable o/head of less than $150,000 and a lower hourly rate for variable o/head.

e. total variable o/head of less than $150,000 and a higher hourly rate for variable o/head.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9409029

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