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Questions 1 and 2 refer to the following information: On January 1, 2017, X Company developed the following overhead cost function for the year: $208,000
Questions 1 and 2 refer to the following information: On January 1, 2017, X Company developed the following overhead cost function for the year: $208,000 + $8.12x, w is the number of units produced. The following additional information for 2017 is available: Budgeted production Actual production Actual fixed costs Actual variable costs per unit 10,700 units 9,700 units $209,000 $8.52 8 pf i. What was the 2017 master (otatio) budget for total overhead? 1. AO s86,884 BOs208,000 cd $286,764 DOS291,644 EOS294,884 FO s300164 8 pt2. What was the 2017 flexible budget for total overhead? AO $86,884 BOS208,000 CO s286764 DO$291,644 EO$294,884 FO$300,164
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