Question: X Company's 2021 budgeted cost function for variable overhead was C=$10.40X, 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=$10.40X,

X Company's 2021 budgeted cost function for variable overhead was C=$10.40X, where X is the number of units produced. Its budgeted cost function for fixed overhead was C=$224,300. The following information is also available for 2021: Master Actual Budget Results Production 10,700 units 12,000 units Total variable costs $111,280 $84,228 Total fixed costs $224,300 $226,852 1. What was the total overhead master (static) budget for 2021? OA: $111,280 OB: $308,528 OC: $311,080 OD: $335,580 OF: $349,100 OF: $351,652 Submit Answer Tries 0/99 2. What was the total overhead flexible budget for 2021? OA: $111,280 OB: $308,528 OC: $311,080 OD: $335,580 OE: $349,100 OF: $351,652 Submit Answer Tries 0/99

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