Carly Industries produced 256,000 units in 120, 000 direct labor hours. Production for the period was estimated at 264,000 units and 132,000 direct labor hours. A flexible budget would compare budgeted costs and actual costs, respectively, at 128,000 hours and 132,000 hours. 132,000 hours and 120, 000 hours. 128,000 hours and 120, 000 hours. 120, 000 hours and 120, 000 hours