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Flexible Budgeting At the beginning of the period, the Fabricating Department budgeted direct labor of $ 1 0 1 , 2 0 0 and equipment

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Flexible Budgeting
At the beginning of the period, the Fabricating Department budgeted direct labor of $101,200 and equipment depreciation of $30,000 for 9,200 hours of production. The department
actually completed 11,500 hours of production.
Determine the budget for the department, assuming that it uses flexible budgeting.
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