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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's
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 5,800, 7,800, and 8,800 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (5,800 Units) (7,800 Units) (8,800 Units) $ 680 Direct materials Direct labor 2,720 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 1,360 17,200 21,960 $
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