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he following information is for X Company for 2017: Master Actual Budget Results Production 10,500 units 11,600 units Total variable costs $98,700 $78,582 Total fixed
he following information is for X Company for 2017:
Master | Actual | |
Budget | Results | |
Production | 10,500 units | 11,600 units |
Total variable costs | $98,700 | $78,582 |
Total fixed costs | $226,200 | $228,201 |
1. What was the 2017 master (static) budget for total costs?
2. What was the 2017 flexible budget for total costs?
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