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X Company's 2018 budgeted cost function for variable overhead was C- $8.70X, where X is the number of units produced, and its budgeted cost function
X Company's 2018 budgeted cost function for variable overhead was C- $8.70X, where X is the number of units produced, and its budgeted cost function for fixed overhead was C-$228,600. The following information is also available for 2018: Master Budget 10,100 units $87,870 $228,600 Actual Results 11,400 units $92,238 $227,868 Production Total variable costs Total fixed costs What was the total overhead flexible budget variance for 2018 [a positive number means a favorable variance and a negative number means an unfavorable variance]? A: $7,674 OB: $8,979C: $10,505D: $12,291OE: $14,380 OF: $16,825G: $19,685H: $23,032 Submit Answer Tries 0/3
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