Question: X Company's 2021 budgeted cost function for variable overhead was C=$9.50X, where X is the number of units produced. Its budgeted cost function for fixed

X Company's 2021 budgeted cost function for variable overhead was C=$9.50X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$225,200. The following information is also available for 2021:

Master Actual
Budget Results
Production 11,000 units 11,900 units
Total variable costs $104,500 $99,925
Total fixed costs $225,200 $224,427

What was the total overhead master (static) budget for 2021?

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