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Selling and Administrative
Expenses related to the selling of products and the administration of business operations, excluding manufacturing costs.
Variable Cost
Variable costs are expenses that vary in relation to the level of goods or services produced, such as raw materials and direct labor costs.
Fixed Cost
The costs that remain constant in total regardless of changes in the level of activity within a relevant range.
Budgeted Cash Disbursements
A projection or forecast of cash payments that a business expects to make over a specific period.
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