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Manufacturing Overhead Budget
A financial plan that estimates the indirect costs associated with manufacturing, including utilities, maintenance, and rent.
Direct Materials
Raw materials that are directly incorporated into a finished product and can be easily traced to it.
Direct Labor
Labor costs directly attributable to the production of goods or services, such as wages for assembly line workers.
Cash Budget
A financial plan detailing a company's cash inflows and outflows over a specific period, used for managing cash flow and ensuring liquidity.
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