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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
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 5,800, 7,800, and 8,800 units. (Round your intermediate calculations to 2 decimal places.)
Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (5,800 Units)(7,800 Units) (8,800 Units) Direct materials 1,360 3,400 2,040 17,800 24,600 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing costStep by Step Solution
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