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 5,000, 7,000, and 8,000 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,000 Units) (5,000 Units) (7,000 Units) (8,000 Units) Direct materials $ 600 Direct labor 3,000 Variable manufacturing overhead 1,200 Fixed manufacturing overhead 17,900 Total manufacturing cost $ 22,700