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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 4,900, 6,900, and 7,900 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget (5,900 Units) (4,900 Units) Flexible Budget Flexible Budget (6,900 Units) (7.900 Units) Direct materials Direct labor Variable manufacturing overhead $ 1,770 2,950 2,360 Fixed manufacturing overhead 18,300 Total manufacturing cost $ 25,380
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