e selling expense budget
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![With the following details prepare selling expense budget for the 3 months ending June.
Comfort bottles has the budgeted sales of RM80,000 for April, RM100,000 for May and RM120,000 for
June month. Sales commission are 10% of sales. It pays sales manager a salary of RM8,000 per month.
Sales commission and salaries are paid in the month incurred.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7b1ee6bc-63fa-4a59-9fa3-b01c4ba62abb%2F8006e126-fdd5-4fd9-9d36-7418293abf30%2F5ylpabc_processed.png&w=3840&q=75)
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