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Which are two necessary components of moral reasoning?
Budgeted Manufacturing
The estimated amounts and costs associated with the production process, as planned for a specific period.
Variable Manufacturing
Costs in manufacturing that vary with the level of production output, such as raw materials and direct labor costs.
Fixed Costs
Costs that remain constant regardless of the amount of goods produced or sold, including expenses like rent, wages, and insurance.
Budgeted Costs
Estimated expenses for a future period, which are prepared for planning and control purposes.
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