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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

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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 Ollve's flexible budget for 5,600, 7600, and 8,600 units. (Round your intermediate calculations to 2 decimal places.) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible Budget Flexible Budget Flexible Budget 16.600 Units) (5.600 Units) (7.600 Units) (8.600 Units) $ 1.980 3,960 2,640 17,600 $ 26,180

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