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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 4,800, 6,800, and 7,800 units. (Round your intermediate calculations to 2 decimal places.)

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Master Budget Flexible Budget Flexible Budget Flexible Budget (5,800 Units) (4,800 Units) (6,800 Units) (7,800 Units) $ 1,740 Direct materials Direct labor 2,900 2,320 Variable manufacturing overhead Fixed manufacturing overhead 17,500 Total manufacturing cost $ 24,460

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