At the beginning of the period, the Cutting Department budgeted direct labor of $158,000, direct materials of $165,000, and fixed factory overhead of $14,200 for 9,000 hours of production. The department actually completed 10,000 hours of production. The appropriate total budget for the department, assuming it uses flexible budgeting, is $361,869. $333,000. $419,800. $344,700. Principal components of a master budget include the capital expenditures budget. the sales budget. all of these choices. the production budget. Question 19 (4 points) Saved Listen Which of the following is a component of the operating budget for a manufacturing firm? production budget capital expenditures budget cash budget financial budgets