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Figure 2-4
-In Figure 2-4,SBUs found in quadrant D would be called
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.
Direct Labor Budget
A financial plan that estimates the cost of direct labor required to meet the production needs of a business.
Direct Labor Hours
The total hours worked by employees directly involved in manufacturing a product or providing a service.
Finished Goods
Inventory items that have completed the manufacturing process and are ready for sale to customers.
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