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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

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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 flexible budget for 4,800, 6,800, and 7,800 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,800 Units) (4.800 Units) (6,800 Units) (7,800 Units) Direct materials S 580 Direct labor 2,900 Variable manufacturing overhead 1.160 Fixed manufacturing overhead 18,800 Total manufacturing cost S 23,440

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