Examlex
Which of the following rates would be used to translate the company's inventory?
Direct Labor Budget
A financial plan that estimates the cost of direct labor required to meet the production needs of a company over a specific period.
Direct Labor-Hours
The total hours of work directly contributed by laborers to produce goods, often used in costing and productivity calculations.
Direct Labor Rate
The cost of labor per hour for workers directly involved in the manufacturing process.
Cash Budget
A financial plan that estimates cash inflows and outflows over a specific period, helping manage liquidity and ensuring availability of cash.
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