X Company \'s 2015 flexible budget for variable overbased was $123,618. The comp
ID: 2483113 • Letter: X
Question
X Company 's 2015 flexible budget for variable overbased was $123,618. The company had expected to produce 10,000 units, but actually produced 11, 200 units. What was the 2015 static budget for variable overhead unit costs to the nearest cent and total costs to the nearest dollar)? On January 1, 2015, X company developed the following 2015 budgeted overhead cost function: $234,000+ $8.24X. where X is the number of units produced. The company expected to produce 9,400 units during the year. Actual results for 2015 were as follows: What was the 2015 master (static) budget for total overhead? What was the 2015 flexible budget for total overhead? All of X company's sales are on account. In November, sales were $100,000. November collections were as follows:Explanation / Answer
1) unit cost of variable cost = 123648/10600 = 11.66
11.66 *11200 = 130592
answer is E $130592
3) 234000 + (8.24*9400) = 311456
answer is B 311456
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