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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 5,500, 7,500, and 8,500 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (6,500 Units) (5,500 Units) (7,500 Units) (8,500 Units) $ 1,300 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost 3,250 1,950 18.700 25,200 $
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