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Olive Company makes silver belt buckles. The company’s master budget appears in the first column of...

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 4,300, 6,300, and 7,300 units. (Round your intermediate calculations to 2 decimal places.)

Master Budget (5,300 Units) Flexible Budget (4,300 Units) Flexible Budget (6,300 Units) Flexible Budget (7,300 Units)
Direct materials $1,060
Direct labor 2,650
Variable manufacturing overhead 1,590
Fixed manufacturing overhead 18,100
Total manufacturing cost $23,400

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ekkarill92 answered 1 year ago
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