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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 6,000, 8,000, and 9,000 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (8,000 Units) (9,000 Units) (7,000 Units) (6,000 Units) Direct materials $ 1,400 Direct labor 3,500 Variable manufacturing overhead 2,100 Fixed manufacturing overhead 17,800 Total manufacturing cost $ 24,800
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