Factory Overhead Budget, Cost Accounting

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Factory Overhead Budget

This budget represents the forecasts of each the production variable and fixed and semi-variable overheads to be incurred throughout the budget period.

The summation of budgeted costs of production for the budget period makes up Production Cost Budget. It involves as:

  • Budgeted Materials Cost
  • Budgeted Labour Cost
  • Budgeted Overhead Cost

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