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Flexible Budgeting At the beginning of the period, the Grinding Department budgeted direct labor of $159,800 and property tax of $46,000 for 9,400 hours of
Flexible Budgeting
At the beginning of the period, the Grinding Department budgeted direct labor of $159,800 and property tax of $46,000 for 9,400 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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