LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Budget cost

mohan (student) (23 Points)

30 October 2007

hi all!!! i'm oursuing CWA. i had a doubt in budget costing.... is budget cost is estimated cost or something else.... pl help me in this regard....

Reply
Follow
Share

5 Replies

saran kumar (student) (145 Points)
Replied 31 October 2007

budjet cost is nothing but estimated cost........some are call it as plan figures ....... antony for this is actual cost

Nallusamy (Accountant) (32 Points)
Replied 31 October 2007

it means estimating feature expenses or cost. The budgeted cost may exceed or less also.

Nirmal1986 (articles) (149 Points)
Replied 02 November 2007

yes its estimated cost and nothing more then that

Rishi K (Consultancy) (66 Points)
Replied 10 November 2007

Budget is nothing but future projection of figures based on actuals already achieved

Iyappan.r (50 Points)
Replied 23 November 2007

Budget cost is based on Estimation and according to the business plan. Some may not even based on actuals. For some even zero base budgeting will be there. For eg some expenditure will have a cap in the next year budget irespective of the previous year actuals. The Estimated cost is also used for budgeting.