E9-2 (Static) 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 4,000, 6,000, and 7,000 units. Flexible Master Budget (5,000 Units) Flexible Budget (4,000 Units) Budget (6,000 Units) Direct materials $ 15,000 Direct labor 30,000 Variable manufacturing overhead 8,000 Fixed manufacturing overhead 18,000 Total manufacturing cost $ 71,000 Flexible Budget (7,000 Units)