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E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles. The companys master budget appears in the first column

E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2]

Olive Company makes silver belt buckles. The companys master budget appears in the first column of the table. Required: Complete the table by preparing Olives flexible budget for 5,900, 7,900, and 8,900 units. (Round your intermediate calculations to 2 decimal places.)

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Direct materials Master Budget Flexible Budget Flexible Budget Flexible Budget (6,900 Units) (5,900 Units) (7,900 Units) (8,900 Units) $ 1,380 $ 1,180 $ 1,580 $ 1,780 4,140 Direct labor Variable manufacturing overhead 2,070 $ 1,770 $ 2,370 2,670 Fixed manufacturing overhead Total manufacturing cost 17,300 24,890 $

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