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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 5,700, 7700, and 8,700 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget (6,700 Units) (5,700 Units) Flexible Budget (7,700 Units) Flexible Budget (8,700 Units) Direct materials Direct labor Variable manufacturing overhead $ 1,340 2,680 2,010 Fixed manufacturing overhead 17,400 Total manufacturing cost $ 23,430
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