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Sales Budget
A financial plan that estimates future sales volumes and revenues for a specific period.
Direct Materials
Direct materials are raw materials that are directly traceable to the manufacturing of a specific product and are an essential component of its production.
Production Budget
An estimate of the total units to be produced in a given period, considering forecasted sales and desired inventory levels.
Cash Receipts
The collection of money, including currency, checks, and electronic transfers, by a business.
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