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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 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 5,600, 7,600, and 8,600 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (7,600 Units) (8,600 Units) (6,600 Units) (5,600 Units) Direct materials $ 660 Direct labor 2,640 Variable manufacturing overhead 1,320 Fixed manufacturing overhead 17,100 Total manufacturing cost $ 21,720
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