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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 5,300, 7,300, and 8,300 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (7,300 Units) (8,300 Units) Direct materials $ (6,300 Units) 1,200 (5,300 Units) Direct labor 2.520 Variable manufacturing overhead 1,000 Fixed manufacturing overhead 17,300 Total manufacturing cost $ 22,970
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