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In which phase of the software development life cycle do you acquire the necessary hardware and programming languages for the project?
Materials Purchases Budget
An estimation of the total cost of materials required for production, planned for a specific period.
Direct Labor
The cost of wages for employees who are directly involved in producing goods or providing services.
Direct Materials Inventory
Raw materials that are directly traceable to the manufacturing of products and are considered part of the inventory assets on the balance sheet.
Direct Materials Budget
A financial plan that estimates the raw materials needed for production and their expected costs.
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