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Static Budget
A budget that does not change or adjust in response to variations in business activity levels.
Overhead Cost
Expenses related to the day-to-day running of a business that are not directly tied to a specific product or service.
Supply Costs
The expenses incurred in acquiring the materials and services necessary for production or operations.
Square Feet
A unit of area measurement equal to a square that measures one foot on each side, commonly used in the United States.
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