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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 5,100, 7,100, and 8,100 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,100 Units) (5,100 Units) (7,100 Units) (8,100 Units) $ 1,220 Direct materials Direct labor 3,050 1,830 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 18,200 $ 24,300
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