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X Company's 2019 budgeted overhead cost function was C=$11.30X + $190,700, where X is the number of units produced. The following information is also available
X Company's 2019 budgeted overhead cost function was C=$11.30X + $190,700, where X is the number of units produced. The following information is also available for 2019:
Master | Actual | |
Budget | Results | |
Production | 10,500 units | 14,000 units |
Total variable costs | $118,650 | $188,071 |
Total fixed costs | $190,700 | $194,265 |
1. What was the total overhead static budget for 2019?
A: $158,200 | B: $309,350 | C: $312,915 | D: $348,900 | E: $352,465 | F: $382,336 |
Tries 0/99 |
2. What was the total overhead flexible budget variance for 2019 [a positive number means a favorable variance and a negative number means an unfavorable variance]?
A: $-72,986 | B: $-69,421 | C: $-40,123 | D: $-33,436 | E: $-29,871 | F: $-26,749 |
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