Examlex
Orders are passed upstream in a supply chain, while materials and finished goods are sent downstream in a supply chain.
Direct Materials Budget
A financial plan that estimates the quantity and cost of direct materials required for production during a specific period.
Raw Materials
Any materials that go into the final product.
Production Schedule
A timeline that outlines the specific tasks, operations, and timelines for producing goods within a manufacturing process.
Budgeted Selling Price
An estimated amount for which a product is expected to be sold, determined during the budgeting process.
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