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The following information is available regarding X Company' utility costs in 2020: Estimated production 3,300 units Budgeted fixed costs $12,000 Budgeted total variable costs $21,549

The following information is available regarding X Company' utility costs in 2020:

Estimated production 3,300 units
Budgeted fixed costs $12,000
Budgeted total variable costs $21,549
Actual production 2,700 units
Actual total costs $34,940

6. What was the static budget for total utility costs in 2020?

A: $-1,391 B: $17,631 C: $21,549 D: $29,631 E: $33,549 F: $34,940

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.]

A: $-2,257 B: $-3,001 C: $-3,992 D: $-5,309 E: $-7,061 F: $-9,391image text in transcribed
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 3,300 units $12,000 $21,549 2,700 units $34,940 6. What was the static budget for total utility costs in 2020? A: $-1,391 B: $17,631 C: $21,549 D: $29,631 E: $33,549 F: $34,940 Submit Answer Tries 0/99 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.] A: $-2,257|| OB: $-3,001 C: $-3,992|| OD: $-5,309| OE: $-7,061 OF: $-9,391 Submit Answer Tries 0/99

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