Question
The following information is for Questions 1 and 2 The following production and cost information is for X Company for 2019: Budgeted production Budgeted costs:
The following information is for Questions 1 and 2 The following production and cost information is for X Company for 2019: Budgeted production Budgeted costs: Total fixed Per-unit variable Actual production Actual costs: Total fixed Total variable 10,000 units $172,800 $11.19 12,700 units $195,264 $176,457 1. What was the 2019 static budget? OA: $111,900 B: $284,700 Submit Answer C: $307,164 D: $314,913 E: $337,377 F: $371,721 Answer Submitted: Your final submission will be graded after the due date. Tries 2/99 Previous Tries 2. What was the 2019 flexible budget? C: $307,164 D: $314,913 E: $337,377 OF: $371,721 B: $284,700 A: $111,900 Submit Answer Answer Submitted: Your final submission will be graded after the due date. Tries 2/99 Previous Tries
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started