Olive Company makes silver belt buckles. The company's master budget appears in the first column of...
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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 4.600, 6.600, and 7,600 units. (Round your Intermediate decimal places.) Master Budget Flexible Budget (5,600 Units) (4,600 Units) Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) Direct materials $ 1,120 Direct labor 2,800 Variable manufacturing overhead 1.680 Fixed manufacturing overhead 17,400 Total manufacturing cost 23,000 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 4.600, 6.600, and 7,600 units. (Round your Intermediate decimal places.) Master Budget Flexible Budget (5,600 Units) (4,600 Units) Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) Direct materials $ 1,120 Direct labor 2,800 Variable manufacturing overhead 1.680 Fixed manufacturing overhead 17,400 Total manufacturing cost 23,000
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