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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
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 4,600, 6,600, and 7,600 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,600 Units) (4,600 Units) (6,600 Units) (7,600 Units) $ 1,120 Direct materials Direct labor 2,240 1,680 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 17,800 $ 22,840
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