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Olive Company makes silver belt buckles. The companys master budget appears in the first column of the table. Required: Complete the table by preparing Olives

Olive Company makes silver belt buckles. The companys master budget appears in the first column of the table. Required: Complete the table by preparing Olives flexible budget for 5,700, 7,700, and 8,700 units. (Round your intermediate calculations to 2 decimal places.)

Master Budget (6,700 Units) Flexible Budget (5,700 Units) Flexible Budget (7,700 Units) Flexible Budget (8,700 Units)

Direct materials $670

Direct labor 4,020

Variable manufacturing overhead 1,340

Fixed manufacturing overhead 17,900

Total manufacturing cost $23,930

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