At the beginning of the period, the Assembly Department budgeted direct labor of $110,500 and property taxes

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At the beginning of the period, the Assembly Department budgeted direct labor of $110,500 and property taxes of $50,000 for 8,500 hours of production. The department actually completed 10,000 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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