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Questions 1 and 2 refer to the following information X Company's 2021 budgeted cost function for variable overhead was C=$8.50X, where X is the
Questions 1 and 2 refer to the following information X Company's 2021 budgeted cost function for variable overhead was C=$8.50X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$239,300. The following information is also available for 2021: Production Total variable costs Total fixed costs Master Budget 10,500 units $89,250 $239,300 1. What was the total overhead master (static) budget for 2021? Actual Results 11,100 units $98,885 $240,700 OA: $89,250 Submit Answer B: $328,550 OC: $333,650 D: $335,050 E: $338,185 Tries 0/99 F: $339,585 2. What was the total overhead flexible budget for 2021? A: $89,250 B: $328,550 OC: $333,650 D: $335,050 E: $338,185 F: $339,585
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