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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 4,500, 6,500, and 7,500 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible BudgetFlexible Budget (5,500 Units) (4,500 Units) (6,500 Units) (7,500 Units) 1,100 2,750 1,650 17,500 23,000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overh Total manufacturing cost
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