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Test marketing involves offering a product for sale
Net Operating Income
A company's total income from operations, excluding expenses and taxes.
Facility Expenses
Costs related to the physical space where business operations occur, such as rent, utilities, and maintenance.
Manufacturing Overhead
All indirect manufacturing costs, including indirect labor, materials, and utilities necessary for production, but not directly associated with specific units.
Planning Budget
A budget created at the beginning of the budgeting period, reflecting the expected costs and revenues based on forecasted levels of activity.
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