anguage EXERCISES-Presupuesto Flexible ourt budgeted direct labor of $30,000 and the At the beginning of the period, the Department of C salaries of supervisors of $20,000 for 3,000 hours of production. The Department actually completed 5,000 hours of production. Instructions: Determine the budget for the Department, assuming that it uses a flexible budget. EXERCISE #9 Osprey Cycles, Inc. projected sales of 65,454 bicycles to the year 2018. The inventory estimate for 1 January is 5,020 units, and desired for December 31 inventory is 3,250 units. Instructions: Determine production budgeted (in units) for the year 2018. 4