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Planning Budget
A budget created at the beginning of the budgeting period that is based on planned levels of activity for the period.
Units
Basic measures or quantities of product or service in accounting, production, or inventory management.
Direct Labor
Represents the labor costs of employees who are directly involved in the production of goods or the delivery of services.
Planning Budget
A budget that is made for future planning purposes, outlining projected revenues, costs, and other financial details.
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