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X Company's 2021 budgeted cost function for fixed overhead was C=$213,900. Its budgeted cost function for variable overhead was C=$11.80X, where X is the number
X Company's 2021 budgeted cost function for fixed overhead was C=$213,900. Its budgeted cost function for variable overhead was C=$11.80X, where X is the number of units produced. The following information is also available for 2021: Master Budget Actual Results Production Total variable costs Total fixed costs 10,900 units $128,620 $213,900 11,300 units $108,945 $213,950 1. What was the total overhead master (static) budget for 2021? A: $128,620 B: $322,845 OC: $322,895 OD: $342,520 Submit Answer Tries 0/99 2. What was the total overhead flexible budget for 2021? E: $347,240 F: $347,290 A: $128,620 Submit Answer B: $322,845 C: $322,895 D: $342,520 Tries 0/99 E: $347,240 F: $347,290
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