Profile for:

  • Real Name: Oin Smith
  • Gender: Male
  • Location: Unknown

Developing an Operating Budget

Developing an operating budget is a key stage in creating a viable financial management strategy for your business or organization. An operating budget is a snapshot of expected income take my online class for me expenses.

The operating budget contains the sales, creation, direct material, and manufacturing overhead expenses associated with the items or services you plan to sell. It avoids non-cash consumptions, for example, depreciation.

1. What is an operating budget?

An operating budget is a plan for anticipated income and costs. It typically incorporates estimates for all departments and product offerings, including fixed expenses, for example, lease or month to month charges for services like scanner rentals, and variable expenses, for example, creation labor, materials and sales commissions. It also incorporates non-cash costs like depreciation and amortization.