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Cash Collections
Cash collections involve the process of receiving and managing payments from customers or clients, typically reflecting a company's effectiveness in converting sales or receivables into cash.
Direct Labor Budget
An estimation of the total cost of labor required to produce a certain number of units within a specific period.
Direct Labor-Hours
The number of labor hours spent specifically on the manufacturing of products.
Direct Labor Rate
The cost per hour for labor directly involved in the manufacturing process of a product.
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