Examlex
Select the correct description for each of the abbreviations.
-CHF
Finished Goods Inventory
Products that have completed the manufacturing process but have not yet been sold or distributed to customers.
Expected Units Sold
The number of units of a product that a company anticipates selling in a particular period based on market research and sales forecasts.
Direct Materials Budget
An estimation of the quantity and cost of direct materials necessary for production, matching the production budget.
Beginning Inventory
The value of goods available for sale at the start of an accounting period.
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