Olive Company makes silver belt buckles. The company's master budget appears in the first column...
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Accounting
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.) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible Budget Flexible Budget Flexible Budget (6,500 Units) (5.500 Units) (7,500 Units) (8,500 Units) $ 1.300 3,900 1.950 18,900 $ 26,050
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