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Direct Labor-Hour
A measure of the amount of work in hours directly involved in manufacturing a product or delivering a service.
Manufacturing Overhead Budget
A financial plan detailing the projected or expected indirect costs involved in the manufacturing process, excluding direct labor and materials.
Variable Expenses
Costs that vary directly with the level of production or business activity, such as raw materials and commissions.
Selling and Administrative Expense Budget
A detailed plan that estimates the selling and administrative expenses of a business for a specific period.
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