Examlex
The impact of a project on cash flows in other parts of the business is outside of the project's scope and therefore need not be considered in estimating the project's cash flows.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.
Variable Costs
Expenses that fluctuate in direct proportion to the production or sales volume, for instance, direct labor and raw materials.
Budgeting
The process of creating a plan to spend your money, allocating financial resources for various purposes over a specified period.
Machine-hours
A measure of the operating time of machines or equipment, typically used as a basis for allocating manufacturing overhead in product costing.
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