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Direct Labor Budget
A financial plan that estimates the cost of the labor needed to meet production goals, including wages and hours.
Manufacturing Overhead Budget
A financial plan that estimates the costs of indirect materials, labor, and other expenses needed to operate a manufacturing facility.
Production Units
A measure of output from a production process, with one unit representing an item or a defined amount of service produced.
Unit Sales
The total number of individual items or units that a company has sold within a particular period.
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