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Indirect Materials
Materials used in the production process that cannot be directly linked to a specific product, such as lubricants and cleaning supplies.
Supervisor Salaries
Financial compensation paid to employees who oversee the work of other employees, reflecting their management responsibilities and position.
Flexible Budget
A financial plan that adjusts or varies with changes in the volume or activity level.
Machine Hours
A measure of the amount of time a machine is operated, used as a basis for allocating manufacturing overhead costs to products.
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