Examlex
_____ refers to building and integrating analytics capabilities into all everyday business activities.
Budgeted Cost
An estimate of the financial cost for items, production, or projects planned in the future.
Raw Material Purchases
The total cost of all raw materials bought by a company for use in production over a specific period.
Budgeted Raw Material Purchases
The estimated amount of raw materials to be acquired during a specific period to meet production needs, based on forecasted sales.
Budgeted Required Production
The quantity of products that must be produced in a given period to meet sales needs and inventory policies.
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