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Given and , find .
Direct Materials Costs
The costs of raw materials that are directly involved in the manufacture of a product and can be directly traced to the product.
Fixed Overhead Costs
Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.
Budgeted Manufacturing Cost
The projected costs involved in producing goods over a specific period, including labor, materials, and overhead expenses.
Flexible Budget Report
A financial report that compares actual results to a budget adjusted for the actual level of activity or volume of work performed.
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