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What is a cost budget?

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Anonymous

10y ago
Updated: 8/3/2022

Budgeted labour cost is an expected or standard labour cost to perform any activity. In budgeting process budgeted cost for doing every activity is calculated before so that it would be helpful in control or evaluation stage to check whether expenses are according to budget or not and if not then what's the reasons.

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Willard Bayer

Lvl 10
2y ago

What else can I help you with?

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