Examlex
________ refers to the source, format, assumptions and constraints, and other facts about the data.
Production Budget
A financial plan that outlines the cost of producing the products a company plans to sell, including direct materials, labor, and overhead.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and considered a part of the product's cost.
Direct Labour Hours
This term describes the actual hours worked by employees who are directly involved in the manufacturing process.
Strategic Objectives
Long-term goals that an organization aims to achieve to implement its strategy and fulfill its mission.
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