Question
X Company's December 31, 2020 flexible budget for variable overhead was $120,950, based on actual production in 2020 of 11,800 units. On January 1, 2020,
X Company's December 31, 2020 flexible budget for variable overhead was $120,950, based on actual production in 2020 of 11,800 units. On January 1, 2020, the company expected to produce 10,000 units. What was the 2020 static (master) budget for variable overhead?
A: $87,125B: $95,325C: $102,500D: $112,750E: $120,950F: $142,780
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Financial Accounting The Basics
Authors: Ilias Basioudis
1st Edition
1138605514, 9781138605510
