Olive Company makes silver belt buckles. The companys master budget appears in the first column of the table.

Required:

Complete the table by preparing Olives flexible budget for 4,100, 6,100, and 7,100 units.

Note: Round your intermediate calculations to 2 decimal places.

Master Budget (5,100 Units) Flexible Budget (4,100 Units) Flexible Budget (6,100 Units) Flexible Budget (7,100 Units)

Direct materials $1,530

Direct labor 2,550

Variable manufacturing overhead 2,040

Fixed manufacturing overhead 18,500

Total manufacturing cost $24,620