At the start of 2021, X Company developed the following budgeted total cost function: $10.47X...
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Accounting
At the start of 2021, X Company developed the following budgeted total cost function: $10.47X + $222,000, where X is number of units produced. Budgeted production for the year was 10,500 units, but actual production for the year was 9,400 units. Actual total costs were $316,991. What was the 2021 flexible budget variance for total costs [a positive number means a favorable variance and a negative number means an unfavorable variance]? A: $3,427 OB: $4,558 OC: $6,062 D: $8,062 OE: $10,723 OF: $14,262 Submit Answer Tries 0/99
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