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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
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 4,300, 6,300, and 7,300 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,300 Units) (4,300 Units) (6,300 Units) (7,300 Units) $ 1,060 Direct materials Direct labor 2,650 1,590 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 18,500 $ 23,800
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