Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. olive company makes silver belt buckles. the compa

Olive Company makes silver belt buckles. The companys master budget appears in the first column...

50.1K

Verified Solution

Question

Accounting

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 4,100, 6,100, and 7,100 units. (Round your intermediate calculations to 2 decimal places.)

Master Budget (5,100 Units) Flexible Budget (4,100 Units) Flexible Budget (6,100 Units) Flexible Budget (7,100 Units)
Direct materials $1,020 $820 $1,220 $1,420
Direct labor 3,060
Variable manufacturing overhead 1,530 $1,230 $1,830 $2,130
Fixed manufacturing overhead 17,600
Total manufacturing cost $23,210

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students