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1) Why are the sales forecast the starting point in budgeting? 2) Define the following terms with examples- A) Cost behavior B) Relevant Range 3)

1) Why are the sales forecast the starting point in budgeting?

2) Define the following terms with examples-

A) Cost behavior

B) Relevant Range

3) What are the Pros and Cons of the JIT System?

Please, answer the questions shortly with 2 or 3 sentences. Thank you for your help!!!!

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