s 1 and 2 refer to the following information X Company's 2021 budgeted cost function for variable overhead was C=$8.20X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$224,300. The following information is also available for 2021: Master Budget Actual Results Production 10,300 units 11,100 units Total variable costs Total fixed costs $84,460 $224,300 $116,288 $221,190 1. What was the total overhead master (static) budget for 2021? A: $84,460 B: $308,760 C: $312,210 D: $315,320 Tries 0/99 Submit Answer E: $337,478 OF: $340,588 2. What was the total overhead flexible budget for 2021? B: $308,760 OC: $312,210 D: $315,320 OE: $337,478 OF: $340,588 A: $84,460 Submit Answer Tries 0/99