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Cash Payback Period
The duration it takes for an investment to generate cash flows sufficient to recover the initial investment cost, often used in capital budgeting to assess investment attractiveness.
Payback Period
The length of time required to recover the cost of an investment or project.
Factory Overhead
Factory Overhead includes all indirect costs associated with manufacturing, such as electricity for the factory, maintenance, and salary of the maintenance staff.
Direct Materials
Raw materials that can be directly traced to the production of goods, forming a significant part of manufacturing costs.
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