Domestic 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 5,900, 7,900, and 8,900 units.Note: Round your intermediate calculations to 2 decimal places.Master Budget Flexible Budget Flexible Budget Flexible Budget(7,900 Units)(8,900 Units)(6,900 Units)(5,900 Units)Direct materials$690Direct labor4,140Variable manufacturing overhead1,380Fixed manufacturing overhead18,000Total manufacturing cost$24,210

Master BudgetFlexible budgetFlexible budgetFlexible budget (6,900 units)per unit(5,900 units)(7,900…

Answered: Olive Company makes silver belt…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...

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Judges Gavel uses this information when preparing their flexible budget: direct materials of $3 per unit, direct labor of $2.50 per unit, and manufacturing overhead of $1.25 per unit. Fixed costs are $49,000. What would be the budgeted amounts for 33,000 and 35,000 units?
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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 5,400, 7,400, and 8,400 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget (5,400 Units) Flexible Budget (8,400 Units) (6,400 Units) (7,400 Units) Direct materials $ 640 Direct labor 3,200 Variable manufacturing overhead 1,280 Fixed manufacturing overhead 17,000 Total manufacturing cost $ 22,120
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 4,200, 6,200, and 7,200 units. (Round your intermediate calculations to 2 decimal places.)
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. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible Budget (5,100 Units) (4,100 Units) $ 1,020 3,060 1,530 18,200 23,810 $ Flexible Budget (6,100 Units) Flexible Budget (7,100 Units)
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 5,700, 7,700, and 8,700 units. Note: Round your intermediate calculations to 2 decimal places. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible Budget (6,700 Units) (5,700 Units) $ 2,010 3,350 2,680 18,800 26,840 $ Flexible Budget (7,700 Units) Flexible Buget (8,700 Units)
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 4,700, 6,700, and 7,700 units. (Round your intermediate calculations to 2 decimal places.)
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Q.Prepare the direct material usage and purchases budgets for January 2018.
Day Inc manufactures travel socks. The budgeted selling price is $17 per lock the variable cost in $10 per lock, and budgeted fixed costs are $10,000 per month Prepare a fexible budget for mulut leve of 3.000 locks and 5,000 locks for the month ended Apr 30, 2024 Unds Daje, Inc Flexible Budget For the Month Ended April 30, 2024 Budget Amounts Per Unit 3,000 5.000
Please help me with show all calculation thanku

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