Olive Company makes silver belt buckets. Their master budget included the following: Direct Materials: $15,000 Direct Labor: $30,000 Variable Manufacturing Overhead: $8,000 Fixed Manufacturing Overhead: $18,000 Total Manufacturing Cost: $71,000 Olive planned to sell 5,000 units, but actually sold 5,500 units. What would direct labor cost be if Olive Company used a flexible budget? Multiple Choice $16,500 $33,000 $13,636.36 $27,272.73