Question: X Company's 2021 budgeted cost function for fixed overhead was C=$219,400. Its budgeted cost function for variable overhead was C=$8.60X, where X is the number

X Company's 2021 budgeted cost function for fixed overhead was C=$219,400. Its budgeted cost function for variable overhead was C=$8.60X, where X is the number of units produced. The following information is also available for 2021:

Master Actual
Budget Results
Production 10,000 units 11,900 units
Total variable costs $86,000 $85,351
Total fixed costs $219,400 $218,015

1. What was the total overhead master (static) budget for 2021?
Tries 0/3

2. What was the total overhead flexible budget for 2021?

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