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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 5,000, 7,000, and 8,000 units. (Round your intermediate calculations to 2 decimal places.)

Master Budget (6,000 Units) Flexible Budget (5,000 Units) Flexible Budget (7,000 Units) Flexible Budget (8,000 Units)
Direct materials $1,200
Direct labor 3,600
Variable manufacturing overhead 1,800
Fixed manufacturing overhead 17,100
Total manufacturing cost $23,700

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