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To avoid a double exposure,
Direct Labor Budget
A financial plan that estimates the cost of direct labor required to meet production goals within a specific period.
Direct Labor Rate
The cost per hour for direct labor applied to the production of goods or services.
Direct Labor-Hours
The sum of hours spent by workers directly engaged in producing a good or delivering a service.
Schedule of Expected Cash Collections
A financial report that outlines the anticipated inflow of cash from receivables or other income sources over a specific time period.
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