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Figure 28-2
-Refer to Figure 28-2.What do the two lines in the figure measure?
Planning Budget
A budget prepared for a specific level of activity, outlining expected revenues, expenses, and resource requirements.
Employee Salaries
Regular payments made to employees for performing their job duties.
Service Company
A business that earns revenue by providing intangible products or services, as opposed to selling physical goods.
Indirect Labor
The labor costs of janitors, supervisors, materials handlers, and other factory workers that cannot be conveniently traced to particular products.
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