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PE 22-1B Flexible budgeting OBJ. 2 At the beginning of the period, the Fabricating Department budgeted direct labor of $9,280 and equipment depreciation of $2,300

PE 22-1B Flexible budgeting

OBJ. 2

At the beginning of the period, the Fabricating Department budgeted direct labor of $9,280 and equipment depreciation of $2,300 for 640 hours of production. The department actually completed 600 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.

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