Questions 6 and 7 refer to the information below. Be careful with question 6 - some of the choices may look correct but are not. The following information is available regarding X Company' utility costs in 2020: Estimated production 3,400 units Budgeted fixed costs $15,000 Budgeted total variable costs $22,508 Actual production 2,800 units Actual total costs $32,442 6. What was the static budget for total utility costs in 2020? Tries 0/3 7. What was the flexible budget variance for total utility costs in 2020? [Assume that a positive number means a favorable variance and a negative number means an unfavorable variance.]

Questions 6 and 7 refer to the information below. Be careful with question 6 some of the choices may look correct but are not. The following information is available regarding X Company' utility costs in 2020: Estimated production Budgeted fixed costs Budgeted total variable costs Actual production Actual total costs 3,400 units $15,000 $22,508 2,800 units $32,442 6. What was the static budget for total utility costs in 2020? Submit Answer Tries 0/3 7. What was the flexible budget variance for total utility costs in 2020? [Assume that a positive number means a favorable variance and a negative number means an unfavorable variance.] Submit Answer Tries 0/3