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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

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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 flexible budget for 5,600, 7,600, and 8,600 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (5,600 Units) (7,600 Units) (8,600 Units) Direct materials $ 1,320 Direct labor 3,300 Variable manufacturing overhead 1,980 Fixed manufacturing overhead 18,100 Total manufacturing cost $ 24,700

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