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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 4,900, 6,900, and 7,900 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budge (5,900 Units) (4,900 Units) (6,900 Units) (7,900 Units) $ 1,180 3,540 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 1,770 17,900 24,390
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