BOOK Show Me How Print Item Flexible Budgeting At the beginning of the period, the Packing Department budgeted direct labor of $124,100 and property tax of $35,000 for 7.300 hours of production. The deatment actually completed 8,900 hours of production Determine the budget for the department, assuming that it uses flexible budgeting, Direct Materials Purchases Budget Kidman Inc, budgeted production of 64,000 personal journals in 2076. Paper is required to produce a journal. Assume 70 square yards of paper are required for each journal. The estimated January 1, 2016, paper inventory is 314,000 square yards. The desired December 31, 2076, paper Inventory is 246,000 square Yards. If paper costs $0.16 per square yard, determine the direct materiais purchases budget for 2016. If required, round your final answer to the nearest dollar Direct Labor Cost Budget Grewett Inc. budgeted production of 39,000 personal Journals in 2016. Each Journal requires assembly, assume that two minutes are required to assemble each journal If assembly labor costs $12.50 per hour, determine the direct labor cost budget for 2015. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. CO