EE 6-1 p. 235 PE 6-1A Flexible budgeting OBJ. 2 At the beginning of the period, the Assembly Department budgeted direct labor of $112,000 and property tax of $12,000 for 7,000 hours of production. The department actually com- pleted 7,500 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting