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Fixed Expenses
Costs that do not change with the level of production or sales activities, such as rent or salaries.
Budgeted Sales
Projected sales volume or revenue for a specific period, used for planning and performance assessment purposes.
Cash Disbursements
Payments made in cash or cash equivalents, often tracked in a ledger to manage cash flow.
Selling and Administrative Expense Budget
A detailed plan outlining the expected selling and administrative expenses for a specific period, usually contributing to the master budget.
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