Question: X Company's 2015 budgeted cost function for variable overhead was C=$11.60X and its budgeted cost function for fixed overhead was C=$235,500.The following information is also
X Company's 2015 budgeted cost function for variable overhead was C=$11.60X and its budgeted cost function for fixed overhead was C=$235,500.The following information is also available for 2015:
| Master | Actual | |
| Budget | Results | |
| Production | 10,800 units | 11,400 units |
| Total variable costs | $125,280 | $66,099 |
| Total fixed costs | $235,500 | $237,143 |
1. What was the total overhead flexible budget variance for 2015 [submit a favorable variance as a positive number and an unfavorable variance as a negative number]?
2. What was the total overhead static budget for 2015?
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