E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles....
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E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] 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 4,800, 6,800, and 7,800 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (7,800 Units) (6,800 Units) (4,800 Units) Direct materials $ 580 Direct labor 3,480 Variable manufacturing overhead 1,160 Fixed manufacturing overhead i 17,800 Total manufacturing cost $ 23,020 E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] 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 4,800, 6,800, and 7,800 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (7,800 Units) (6,800 Units) (4,800 Units) Direct materials $ 580 Direct labor 3,480 Variable manufacturing overhead 1,160 Fixed manufacturing overhead i 17,800 Total manufacturing cost $ 23,020
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