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At the start of 2020, X Company developed the following budgeted total cost function: $8.76X + $212,000, where X is number of units produced. Budgeted
At the start of 2020, X Company developed the following budgeted total cost function: $8.76X + $212,000, where X is number of units produced. Budgeted production the year was 10,400 units. It turned out that 11,500 units were produced in 2020, total variable costs were actually $110,400, and fixed costs were $232,387. 2. What was the 2020 flexible budget variance for fixed costs [a positive number means a favorable variance and a negative number means an unfavorable variance]? Submit Answer Tries 0/3 3. What was the 2020 flexible budget variance for total variable costs [a positive number means a favorable variance and a negative number means an unfavorable variance] Submit Answer Tries 0/3
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