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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 4,300, 6,300, and 7,300 units. (Round your intermediate calculations to 2 decimal places.)

Master Budget (5,300 Units) Flexible Budget (4,300 Units) Flexible Budget (6,300 Units) Flexible Budget (7,300 Units)
Direct materials $1,060
Direct labor 2,650
Variable manufacturing overhead 1,590
Fixed manufacturing overhead 18,100
Total manufacturing cost $23,400

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