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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

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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 4,800, 6,800, and 7,800 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (7,800 Units) (5,800 Units) (4,800 Units) Direct materials $ 1,160 Direct labor 2,320 Variable manufacturing overhead 1,740 Fixed manufacturing overhead 17,400 Total manufacturing cost $ 22,620

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