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X Company's December 31, 2020 flexible budget for variable overhead was $104,720, based on actual production in 2020 of 11,200 units. On January 1, 2020,

X Company's December 31, 2020 flexible budget for variable overhead was $104,720, based on actual production in 2020 of 11,200 units. On January 1, 2020, the company expected to produce 10,200 units.

What was the 2020 static (master) budget for variable overhead?

A: $81,064 B: $88,694 C: $95,370 D: $104,720 E: $104,907 F: $115,024

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