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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 5,900, 7,900, and 8,900 units. Note: Round your intermediate calculations to 2 decimal places. (6,900 Units) (5,900 Units) Master Budget Flexible Budget Flexible Budget Flexible Budget (8,900 Units) (7,900 Units) Direct materials $ 690 $ 590 $ 790 $ 890 Direct labor 2,760 Variable manufacturing overhead 1,380 Fixed manufacturing overhead 18,800 Total manufacturing cost $ 23,630
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