Accounting

Define and Discuss on Operating Budgets

Define and Discuss on Operating Budgets

general objective of this article is to Define and Discuss on Operating Budgets. this article analysis Operating Budgets in accounting terms with proper examples. The operating budgets are the budgets for sales, manufacturing costs like materials, labor, and overhead etc. or merchandise purchases, selling expenses, and common and administrative expenses. Here briefly discuss on Sales budget, Manufacturing costs, Production budget, Direct materials budget, Direct labor budget, manufacturing overhead budget and Selling expenses budget.