Question

X Company's 2019 budgeted overhead cost function was C=$9.30X + $195,700, where X is the number of units produced. The following information is also available for 2019:

	Master	Actual
	Budget	Results
Production	11,000 units	13,800 units
Total variable costs	$102,300	$164,495
Total fixed costs	$195,700	$198,143

1. What was the total overhead static budget for 2019?

A: $128,340

B: $298,000

C: $300,443

D: $324,040

E: $326,483

F: $362,638

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: $-64,638

B: $-62,195

C: $-46,318

D: $-38,598

E: $-36,155

F: $-30,878

Tries 0/99

Answer 1