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On January 1, 2017, X Company developed the following overhead cost function for the year: $274,000 + $9.31X, where X is the number of units

On January 1, 2017, X Company developed the following overhead cost function for the year: $274,000 + $9.31X, where X is the number of units produced. The following additional information for 2017 is available:

Budgeted production 10,100 units

Actual production 10,300 units

Actual fixed costs $278,000

Actual variable costs per unit $9.61

1. What was the 2017 flexible budget for total overhead?

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