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X Company's 2021 budgeted cost function for variable overhead was C=$11.40X, where X is the number of units produced. Its budgeted cost function for fixed
X Company's 2021 budgeted cost function for variable overhead was C=$11.40X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$196,100. The following information is also available for 2021:
Master | Actual | |
Budget | Results | |
Production | 10,400 units | 11,100 units |
Total variable costs | $118,560 | $148,551 |
Total fixed costs | $196,100 | $194,930 |
1. What was the total overhead master (static) budget for 2021?
Tries 0/3 |
2. What was the total overhead flexible budget for 2021?
Tries 0/3 |
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