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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