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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
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 5,300, 7,300, and 8,300 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,300 Units) (5,300 Units) (7,300 Units) (8,300 Units) $ 630 Direct materials Direct labor 3,150 1,260 Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 17,700 $ 22,740
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