X Company's 2018 budgeted cost function for variable overhead was C $8 70X, where X is the number of units produced, and its budgeted cost function for fixed overhead was C $206,600 The following information is also available for 2018 Master Actual Budget Results Production 11,000 units 11,300 units Total variable costs $95,700 $111,361 Total fixed costs $206,600 $210,843 What was the total overhead flexible budget variance for 2018 a positive number means a favorable variance and a negative number means an unfavorable variance

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Question: X Company's 2018 budgeted cost function for variable overhead was C=$8.70X, where X is the number of units produced, and its budgeted cost function for

X Company's 2018 budgeted cost function for variable overhead was C=$8.70X, where X is the number of units produced, and its budgeted cost function for fixed overhead was C=$206,600. The following information is also available for 2018:

	Master	Actual
	Budget	Results
Production	11,000 units	11,300 units
Total variable costs	$95,700	$111,361
Total fixed costs	$206,600	$210,843

What was the total overhead flexible budget variance for 2018 [a positive number means a favorable variance and a negative number means an unfavorable variance]?

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