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 4,100, 6,100, and 7,100 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,100 Units) (7,100 Units) (5,100 Units) (4,100 Units) Direct materials $ 1,020 Direct labor 2,550 Variable manufacturing overhead 1,530 Fixed manufacturing overhead 17,800 Total manufacturing cost $ 22,900
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 4,100, 6,100, and 7,100 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,100 Units) (7,100 Units) (5,100 Units) (4,100 Units) Direct materials $ 1,020 Direct labor 2,550 Variable manufacturing overhead 1,530 Fixed manufacturing overhead 17,800 Total manufacturing cost $ 22,900
Chapter7: Budgeting
Section: Chapter Questions
Problem 15EB: Judges Gavel uses this information when preparing their flexible budget: direct materials of $3 per...
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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 4,100, 6,100, and 7,100 units.
Note: Round your intermediate calculations to 2 decimal places.
Master Budget Flexible Budget Flexible Budget Flexible Budget
(6,100 Units)
(7,100 Units)
(5,100 Units)
(4,100 Units)
Direct materials
$
1,020
Direct labor
2,550
Variable manufacturing overhead
1,530
Fixed manufacturing overhead
17,800
Total manufacturing cost
$
22,900](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3207e7d7-da7b-4bb9-9fa4-24edd9fc663b%2F892eb1b0-3170-4a1d-bb87-41e1d345c069%2Fw2dqggd_processed.png&w=3840&q=75)
Transcribed Image Text: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 4,100, 6,100, and 7,100 units.
Note: Round your intermediate calculations to 2 decimal places.
Master Budget Flexible Budget Flexible Budget Flexible Budget
(6,100 Units)
(7,100 Units)
(5,100 Units)
(4,100 Units)
Direct materials
$
1,020
Direct labor
2,550
Variable manufacturing overhead
1,530
Fixed manufacturing overhead
17,800
Total manufacturing cost
$
22,900
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