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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 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340

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 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 9E: Nozama.com Inc. sells consumer electronics over the Internet. For the next period, the budgeted cost...
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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 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340
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 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340
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