How budgets are prepared in a company?

Hi,

Budgets are prepared for all the things you need to do with the help of finance with the help of money. It can differ by department or even by an activity. For example - Marketing budget, Sales budget, IT budget (by departments and annual trip budget which is 100% based on activity.) So combination of all these budgets makes a master budget of the company.

Sources - What company did last year and whether it needs to continue with how much money less or more and with or without additions of any things. Department in-charges are usually the best source for the required information. 

Documents required are basically everything which involves money!

can any one help me to calculate breakeven analysis in school. especially where to allocate teachers cost (whether it is fixed or variable?)

Hope the teachers cost (say salary) to be payable even on school holidays.  Also when teachers taking special classes in sunday or after office hours there will not be any additional salary paid to them.  From the above it is clear that Teachers cost (say salary) as part of Fixed cost.

Originally posted by : MANIKANDAN S
	Hope the teachers cost (say salary) to be payable even on school holidays.  Also when teachers taking special classes in sunday or after office hours there will not be any additional salary paid to them.  From the above it is clear that Teachers cost (say salary) as part of Fixed cost.

thanks manikandan

the teachers salary are fixed irrespective of no of hours they touch. however no. of teachers are dependend on no. of students. i.e say we have ratio of 1 teacher for every 50 students. in such case i think it is semi veriable cost. but my dilemma is to approtion this semi variable cost into variable and fixed cost

regards