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Variable Overhead
Indirect production costs that fluctuate with the level of output, such as utilities or materials.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity level, allowing for more accurate cost control.
Monthly Sales
The total revenue generated from sales within a month, often tracked to assess business performance.
Variable Costs
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor expenses.
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