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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 4,100, 6,100, and 7,100 units. Note: Round your Intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,100 Units) (7.100 Units) (5,100 Units) (4,100 Units) Direct materials $ 510 Direct labor 2,550 Variable manufacturing overhead 1,020 Fixed manufacturing overhead 17,400 Total manufacturing cost $ 21,480
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