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Direct Materials Budget
A financial plan that estimates the cost of raw materials required for production.
Beginning Inventory
The value of goods available for sale or use at the start of an accounting period, carried over from the end of the previous period.
Budgets
Financial plans that estimate revenue and expenditures over a specific time period.
Potential Bottlenecks
Points in the production process that can cause delays due to limited capacity or resources, impacting overall productivity.
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