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Platelets adhere to exposed collagen, forming a plug at the site of a vessel defect.
Variable Overhead Rate
The ratio of variable overhead costs to an activity base, used to allocate variable overhead costs to products or services.
Direct Labor-Hours
The total hours worked by employees directly involved in the manufacturing process or providing services.
Ending Cash Balance
The amount of cash a company has at the end of a given financial period, reflecting all cash inflows and outflows.
Budgeted Cash Receipts
Projected cash inflows for a future period, based on sales forecasts and other receipts.
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