please include explaination of answers! Olive Company makes silver belt buckles....
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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 flexible budget for 4,000, 6,000, and 7000 units. Flexible Budget (6.000 Units) Flexible Budget (7.000 Units) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible (5,000 Units) Budget (4.000 Units) S 15,000 $ 12,000 30,000 $ 24,000 8,000 $ 6.400 18,000 $ 18,000 S 71,000 $ 60.400
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