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 5,800, 7,800, and 8,800 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget (6,800 Units) Flexible Budget (7,800 Units) Flexible Budget (8,800 Units) (5,800 Units) Direct materials $ 1,360 Direct labor 2,720 Variable manufacturing overhead 2,040 Fixed manufacturing overhead 18,700 Total manufacturing cost 24,820 $