E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles....

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E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 4,500, 6,500, and 7,500 units. (Round your intermediate calculation decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,500 Units) (7,500 Units) (5,500 Units) (4,500 Units) Direct materials $ 1,100 Direct labor 2,750 Variable manufacturing overhead 1,650 manufacturing overhead 18,300 Total manufacturing cost $ 23,800

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