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At the beginning of the period, the Fabricating Department budgeted direct labor of $50,000 and equipment depreciation of $60,000 for 2,000 hours of production. The

At the beginning of the period, the Fabricating Department budgeted direct labor of $50,000 and equipment depreciation of $60,000 for 2,000 hours of production. The department actually completed 2,600 hours of production.

Determine the budget for the department, assuming that it uses flexible budgeting.

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