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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 5,500, 7500 and 8,500 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6.500 Units) (5,600 Units) (7.600 Units) (8,500 Units) $ 1,300 3,900 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 1,950 18.400 25,550 > 5

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