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 5,000, 7,000 and 8,000 units. (Round your Intermedlate calculations to 2 decimal places.)

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 5.000. 7.000, and 8.000 units. (Round your Intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget 6.000 Units) (5.000 Units) 17.000 Units) (8,000 Units) $ 600 S 500 Direct materials Direct labor 2.400 $ 2,000 1,200 S 1.000 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 17,800 s 17.600 $ 17.600$ 17,600 $ 21,800 $ 20.700