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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 5,600, 7,600, and 8,600 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (5,600 Units) (7,600 Units) (8,600 Units) $ 1,980 Direct materials Direct labor 3,960 2,640 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 18,500 $ 27,080

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