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s 1 and 2 refer to the following information X Company's 2021 budgeted cost function for variable overhead was C=$11.80X, where X is the number
s 1 and 2 refer to the following information X Company's 2021 budgeted cost function for variable overhead was C=$11.80X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$223,200. The following information is also available for 2021: Master Budget Actual Results Production Total variable costs 10,500 units $123,900 11,900 units Total fixed costs $223,200 $100,607 $224,348 1. What was the total overhead master (static) budget for 2021? A: $123,900 OB: $323,807 OC: $324,955 OD: $347,100 OE: $363,620 OF: $364,768 Submit Answer Tries 0/99 2. What was the total overhead flexible budget for 2021? OA: $123,900 OB: $323,807 OC: $324,955 OD: $347,100|| OE: $363,620 OF: $364,768 Submit Answer Tries 0/99
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