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Flexible budgeting At the beginning of the period, the Assembly Department budgeted direct labor of $ 1 1 2 , 0 0 0 and property

Flexible budgeting
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 completed 7,500 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.
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