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Disadvantages of the essay method include all of the following except:
Manufacturing Overhead Budget
A detailed plan that outlines the expected indirect factory-related costs for a production period.
Direct Labor-Hours
The total hours of labor directly involved in manufacturing a product, used in job costing and determining labor costs.
Fixed Manufacturing Overhead
The portion of manufacturing overhead costs that remains constant regardless of the level of production or sales volume.
Manufacturing Overhead Budget
An estimation of all manufacturing costs, excluding direct materials and direct labor, planned for a specific period.
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