Please enable JavaScript.
Coggle requires JavaScript to display documents.
Key budgets (Functional budgets (Each function or department, Cost centre…
Key budgets
-
Cost centre = Production, accounting, marketing
Profit centre = Retail chain, computer department
Investment centre = revenue, expenses, capital
-
Running cost, estimate material, R&D, fixed cost, adv
Income state = all revenues, costs planed level of profit
-
Cash = activities monthly or weekly, forecast cash surplus
-
-
- Cost of production budget
-
-
-
-
Functional budget = sales, production cost, purchases, HR, marketing, R&D example p. 29
-
Several factors
-
-
-
-
- Effect of advertising & incentive schemes
-
-
- Capital expenditure budget
-
-
-