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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 4,000, 6,000, and 7,000 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,000 Units) (4,000 Units) (6,000 Units) (7,000 Units) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 1,000 2.500 1,500 18,900 23,900 Total manufacturing cost

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