The following information is for X Company for 2014: 1. What was the 2014 master (static) budget for total costs? 2. What was the 2014 flexible budget for total costs ? Solution Answer-1. 2014 master (static) budget for total costs- Varriable cost per unit=$104760/10800=$9.70 per unit Fixed cost =$181700/- Total Varriable cost=9.70*11500=$111550 Total Cost=111550+181700=$293250/- Answer-2 2014 flexible budget for total costs- Total VC=$111550/- FC per unit=181700/10800=$16.82per unit Total FC=$16.82*11500=$193430/- Total Cost=111550+193430=$304980/- .