At the beginning of the period, the Sealing Department budgeted direct labor of $174,000 and property tax of $29,000 for 8,700 hours of production. The department actually completed 10,700 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting. Quincy Publishers Inc. projected sales of 48,000 diaries for 2016. The estimated January 1,2016 , inventory is 2,900 units, and the desired December 31, 2016, inventory is 5,000 units. What is the budgeted production (in units) for 2016? units Seranno Publishers Inc. budgeted production of 64,000 diaries in 2016. Paper is required to produce a diary. Assume 85 square yards of paper are required for each diary. The estimated January 1, 2016, paper inventory is 381,000 square yards. The desired December 31,2016 , paper inventory is 190,000 square yards. If paper costs $0.07 per square yard, determine the direct materials purchases budget for 2016 . If required, round your final answer to the nearest dollar