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Gender and race are both examples of:
Production Budget
A detailed plan showing the number of units that must be produced during a period in order to satisfy both sales and inventory needs.
Direct Materials Budget
A detailed plan showing the amount of raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.
Direct Labor Budget
A detailed plan that shows the direct labor-hours required to fulfill the production budget.
Production Budget
An estimate of the total amount of production, in units, that a company needs to meet its sales goals and inventory policies.
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