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Questions 1 & 2 refer to the following information: X Company's 2019 budgeted overhead cost function was C=$8.70X + $227,300, where X is the number
Questions 1 & 2 refer to the following information: X Company's 2019 budgeted overhead cost function was C=$8.70X + $227,300, where X is the number of units produced. The following information is also available for 2019: Master Production Total variable costs Total fixed costs Budget 10,900 units $94,830 $227,300 Actual Results 13,000 units $170,336 $229,430 1. What was the total overhead static budget for 2019? Submit Answer Tries 0/3 2. What was the total overhead flexible budget variance for 2019 [a positive number means a favorable variance and a negative number means an unfavorable variance]? Submit Answer Tries 0/3
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