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Questions 1 & 2 refer to the following information: X Company's 2019 budgeted overhead cost function was C=$10.50X + $201,200, where X is the number

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Questions 1 & 2 refer to the following information: X Company's 2019 budgeted overhead cost function was C=$10.50X + $201,200, where X is the number of units produced. The following information is also available for 2019: Production Total variable costs Total fixed costs Master Budget 10,900 units $114,450 $201,200 Actual Results 13,100 units $189,970 $203,340 1. What was the total overhead static budget for 2019? ||A: $137,550B: $315,650C: $317,790 OD: $338,750 DE: $340,890 OF: $393,310 Submit Answer Tries 0/99 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]? C: $-65,472 D: $-54,560 E: $-52,420 OF: $-43,648 A: $-77,660 OB: $-75,520 Submit Answer Tries 0/99

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