Olive Company makes silver belt buckles. The company's master budget appears in the first column of...
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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 4,500, 6,500, and 7,500 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,500 Units) (6,500 Units) (7,500 Units) (4,500 Units) Direct materials $ 1,100 Direct labor 3,300 Variable manufacturing overhead Fixed manufacturing overhead 1,650 18,700 Total manufacturing cost $ 24,750 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 4,500, 6,500, and 7,500 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget Flexible Budget (5,500 Units) (6,500 Units) (7,500 Units) (4,500 Units) Direct materials $ 1,100 Direct labor 3,300 Variable manufacturing overhead Fixed manufacturing overhead 1,650 18,700 Total manufacturing cost $ 24,750
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Master Budget 5500 Units Flexible Budget 4500 Units Flexi... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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