Examlex
The choice of an appraisal term or level depends mostly on the rater's perceptions,which may inaccurately measure performance.
Production Budget
An estimate of the total number of units that must be produced in a given period to meet expected sales and inventory levels.
Sales Budget
A detailed schedule showing expected sales expressed in both dollars and units.
Direct Labor Budget
An estimate of the total direct labor cost for a future period, considering the projected demands for production or services.
Required Production
The quantity of goods a business needs to produce in a specified period to meet sales forecasts and maintain desired inventory levels.
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