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Variable Factory Overhead
Costs of production that fluctuate with the level of output, such as utility expenses and materials used in the manufacturing process, excluding direct labor and materials costs.
Fixed Factory Overhead
Costs associated with manufacturing that do not change with the level of production, such as salaries of supervisors and rent of the facility.
Sales Forecast
A sales forecast is the projection of the amount of revenue a company will generate through sales activities over a specific period.
Cash Receipts
Represents the money received by a business during a specific period, including revenues from sales, services, and loans.
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