Negros Co.'s factory overhead rate is pre-determined at the start of the fiscal period based on expected actual production capacity. Budgeted factory overhead is Ph175,000 for a normal capacity of...

Negros Co.'s factory overhead rate is pre-determined at the start of the fiscal period based on expected actual production capacity. Budgeted factory overhead is Ph175,000 for a normal capacity of 50,000 units and Ph225,000 for a maximum capacity of 75,000 units. At the beginning of 2020, the company forecasted a production of 60,000 units. For 2020, the factory overhead rate per unit would be *

Ph 2.75

Ph 3.00

Ph 3.25

Ph 3.50