Budgeting-Preparing Production, Direct Material, Direct Labor Budgets Step-by-Step, with Mike Werner

Описание к видео Budgeting-Preparing Production, Direct Material, Direct Labor Budgets Step-by-Step, with Mike Werner

Preparing the Operating Budget Step-by-Step, Part 2

Preparing the production budget, direct materials budget, and direct Labor budget
Everything seems to go better when you have a plan! For businesses, the “plan” is the operating budget, sometimes called the master budget.

In this video we demonstrate how to prepare monthly production budgets, the direct materials budgets and the direct labor budgets. The budgets are prepared in an easy-to- follow, step-by-step fashion.

In the first budgeting video, Part 1, we demonstrated preparing the sales budget and the cash collections budget.

Please visit the Channel to see other step-by-step videos covering a range of accounting topics. Thank you for tuning in! Mike Werner

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