Sales Budget | Production Budget | Raw Material Budget | Labor Budget | Budget Formats | CMA | ACCA

This video from Commerce Specialist explains how to make sales budget, how to make production budget, how to make raw material budget and how to make labor budget.
This video also explains why sales budget is make, why production budget is made, why raw material budget is made and why labor budget is made. This video also explains the format for making various budgets.
This video is relevant for students of ACCA, CMA, CA, CIMA, CPA, CIA, B.Com, A and O level, MBA and students of other professional qualifications.
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#salesandproductionbudgets #typesofbudgets #commercespecialist

[@chimdiathanasiui]

I have exam 😂in the next 4 hours . Am grateful sir this tutorial was brief and very very helpful.

[@CommerceSpecialist]

@@chimdiathanasiui good luck👍😊

[@user-hm6eg3le3l]

I'm from south Africa and I'm writing a test tomorrow. Thank you so much ❤

[@CommerceSpecialist]

All the best dear🙏👍

[@ekeneonyendu6362]

Watching from The Gambia. I am a full-time subscribed member of this channel. I feel so blessed to have come across this channel.

[@CommerceSpecialist]

Thanks a lot my dear🙏👍😊

[@TBPaul]

from Nigeria
You are just the best!!!!!!!!!!!!!

[@CommerceSpecialist]

Thx dear

[@jordanmumba7536]

From Zambia you've saved me a lot

[@tonyibikunle7415]

This is an excellent demonstration of the functional budget running smoothly from sales budget through to Labour budget.

[@CommerceSpecialist]

Thanks dear

[@trinabless]

Excellent presentation......from Jamaica

[@CommerceSpecialist]

@@trinabless thanks, Love to all my Jamaican supporters🙏👍

[@user-kj9vc5wl8o]

After spending so many hours on this topic to no avail, you have made me understand everything in just a few minutes.
Can't thank you less sir 🙏

[@CommerceSpecialist]

You are most welcome my dear

[@sheilachelangat8583]

Watching from Kenya, you're highly gifted sir. Thank you so much ❤

[@CommerceSpecialist]

@@sheilachelangat8583 Thanks dear. Love to all my supporters from Kenya.

[@ezrantokozo2673]

Wow.....thumbs up from Zimbabwe 🇿🇼

[@CommerceSpecialist]

@@ezrantokozo2673 thanks, Love n regards to all Zimbaweans🙏👍

[@isaaccheza]

mental visualisation your using makes the concept more absorbable, thanks sir

[@CommerceSpecialist]

Thanks dear🙏👍

[@sylviamwewakaoma7264]

Watching from the southern part of Africa zambia

[@EmmanuelMalual-y3d]

Oh wow‼️‼️
Your tutorial is outstanding and understanding.

[@CommerceSpecialist]

@@EmmanuelMalual-y3d thanks dear🙏👍

[@zameerkhan9737]

From Pakistan, province Sindh, division sukkur, district ghotki, city daharki. Sir your way of teaching is very excellent and easy to understand.❤

[@CommerceSpecialist]

@@zameerkhan9737 you are welcime. Bha dhadho shukaria, bioo sb khair ha, asan bhi sindh jo maardoon ha. Allah baili🙏👍

[@MOSES-g4k]

moses from Uganda. Your lectures are so clear and precised. thankyou so much for sharing your knowledge with us.

[@CommerceSpecialist]

@@MOSES-g4k ur welcome dear🙏👍

[@motivationfordayz]

Watching from Jamaica in the Caribbean, this is an excellent video I was looking for a video where provision for loss is accounted for🙂.

[@CommerceSpecialist]

Thx dear

[@19_chofwa_weh]

I'm from NAMIBIA🇳🇦,,, thank you so much sir

[@CommerceSpecialist]

Ur welcome dwar🙏👍

[@beautylife6066]

From sudan,thanks alot for your efforts,really i benefited alot from this channel❤

[@CommerceSpecialist]

Ur welcome dear🙏👍

[@user-kf4gh8mh5o]

Sir, I am From Sri Lanka. all videos are very help full.
Thank You!!!!

[@CommerceSpecialist]

Thanks dear😊🙏👍

[@PearlTMbewu]

Watching from South Africa
You really helped me I was struggling to understand in class😊
Thank you

[@CommerceSpecialist]

😊👍🙏

[@Pujablown99]

best teacher ever, watching from Canada

[@CommerceSpecialist]

Thanks a lot dear🙏👍

[@christopaul913]

Nice one... Thought we could use teacher like you in colleges

[@CommerceSpecialist]

😊👍

[@shivammandloi6950]

Sir i am from Indore , Madhya Pradesh. Love watching your videos. Thank you so much.

[@CommerceSpecialist]

Ur welcome dear, ur from that famous poet's city, his name was Rahat Indore

[@mabiorduot232]

Thanks sir for your continuous making of these helpful videos. I am one of your subscribers in Africa, particularly from the republic of south Sudan ❤❤❤

[@CommerceSpecialist]

Ur welcome dear😊👍🙏

[@polinchum8947]

You made it easier understandable, but let me have question why should we apply "add & less formula" onto the budgeted material where we did it already in unit production planning table? thanks you indeed.

[@TaptengeleTap]

Thanks for help keep it up

[@CommerceSpecialist]

Ur welcome dear

[@hinazulfiqarali7725]

Watching from Pakistan. You are great teacher 😊

[@CommerceSpecialist]

@@hinazulfiqarali7725 thanks. Love to all my students n subscribers from Pakistan👍🙏😊

[@chimdiathanasiui]

Am from Nigeria. Thanks 👍

[@DouglasWariame]

15:27 if there is no provision for idle hours and hourly rate was k3 per hour how we gonna calculate idle hours..

[@NadiaNadia-gz2fu]

amazing

[@sherifaturazak6828]

watching from Ghana

[@CommerceSpecialist]

@@sherifaturazak6828 thanks dear. Greeting n love to all my supporters from Ghana👍🙏

[@swamidurai3848]

Very very simple, understood sir. I am from Chennai.

[@CommerceSpecialist]

Thanks. My regards to all my students from Chennai👍

[@user-sq6nr2rv7z]

enjoying your lectures & watching from zambia ,africa

[@CommerceSpecialist]

🙏👍

[@azmia5487]

It really benefit me , I am watching from Kenya

[@CommerceSpecialist]

Thanks a lot👍🙏

[@wyneflavia6791]

From Uganda. You a super.

[@laminsusso7053]

All the way from The Gambia the smiling coat of Africa

[@JitarthDevalia]

Thank you sir for this useful video. I love your content pls keep it coming.

[@CommerceSpecialist]

Thanks a lot.🙏

[@user-wd5fy9zv8p]

great explanation😘 God bless you sir 🤲

[@miriamnork5163]

Miriam from Papua New Guinea. Is the presentation an example of a master budget?

[@CommerceSpecialist]

@@miriamnork5163 no

[@miriamnork5163]

Thanks a lot Sir.

[@faizaejazfaizaejaz9487]

way of elaboration is amazing ..watching from pakista

[@CommerceSpecialist]

Thanks a lot d3ar🙏👍😊

[@retailoperationsrosa2947]

Great work sir
Nigeria.

[@CommerceSpecialist]

Thanks👍🙏

[@AbdulLateefKhan-b9u]

Good evening sir please share the lecture for Sales,price & Mix Variance l

[@Muthu081982]

Thanks sir. From India.

[@CommerceSpecialist]

You are always welcome dear🙏👍

[@WhiteDevil-yr9wf]

SIR i am CA certificate level student....ur vedio help me a lot....can u pls make more budget vedio...i have a exam 9 september....this is my humble request to make vedio of master budget,high and low mmethod

[@chandajere9586]

Thank you well explained from Zambia

[@CommerceSpecialist]

👍🙏

[@user-bh3rk4hp5s]

It was so useful
Noori from Afghanistan

[@CommerceSpecialist]

U are always welcome dear🙏👍

[@nsubugajohnson4274]

Thanks this was very helpful and easy to understand

[@CommerceSpecialist]

Ur welcome

[@ishandeb4172]

watching from india sir, thanks

[@CommerceSpecialist]

Thx

[@kehindeayowale1318]

Keep the good work sir..pls sir. Can u do video on receivable management..... From Nigeria.

[@CommerceSpecialist]

Sure my dear

[@AmjadKhan-rq3kb]

Thank you sir, from Pakistan

[@CommerceSpecialist]

Thanks, best regards to all my subscribers n students from Pakistan🙏👍

[@mohammedansar2840]

You made it look easy... 👏 👌

[@joshuarex675]

This is extraordinary explanation. I'm wraching from Papua New Guinea.
Sir, would you please add something on material usage budget?

[@CommerceSpecialist]

Thanks dear, sure

[@soldier4646]

From India sir❤️✨🙏

[@CommerceSpecialist]

👍🙏

[@jimmymwikisa6117]

Watching you from Zambia

[@CommerceSpecialist]

🙏👍

[@madoviavirivolomo8010]

Can you make Manufacturing overhead and budgeted COGS and the proforma income after that

[@CommerceSpecialist]

Sure

[@SnenhlanhlaNomfundoDlamini]

Hey Sir how do you treat normal loss in a production budget?

[@CommerceSpecialist]

Gross it up so u may get desired production

[@SnenhlanhlaNomfundoDlamini]

@@CommerceSpecialist Kindly provide a formula 🙏🏼

[@Srihariz]

Exceptional sir!

[@CommerceSpecialist]

😊🙏👍

[@super12111961]

From Andhra pradesh, India sir..

[@CommerceSpecialist]

🙏👍❤️

[@miriamnork5163]

Dear Sir
I have several questions in relation to the presentation:
1. Can we factor the estimated changed selling price into the budget? Or do we have to use only one assumed selling price throughout the year?
2. Can we expect idle hours to fluctuate from month to month? Can it be higher in one month and lower in the next month?
3. Can we factor the estimated changed labour rate in the budget? Or do we have to use only one assumed labour rate throughout the year?
4. What about the overhead costs? Do we also budget for them in a functional/operation budget?
Please advise.
Miriam from Papua New Guinea

[@CommerceSpecialist]

@@miriamnork5163 answer to all your queries is YES, based upon the economic envirinment the business is operating and the necessary market info n assumptions

[@CommerceSpecialist]

@@miriamnork5163 Love n regards to all from Papuo New Guinea🙏👍

[@miriamnork5163]

@@CommerceSpecialist Thank you so much Sir.

[@RemasWesa-mo4mc]

Thanks 👍

[@olasunkanmiolofe]

I'M Olasunkanmi, from Nigeria

[@CommerceSpecialist]

🙏👍

[@sujeethaselvaraj23]

Sir one humble request put play list sir if you put playlist we can easily search all topics , its hard to search exact topic

[@CommerceSpecialist]

Sure my dear🙏👍

[@RusiruDissanayake-qo9nz]

Sri Lanka❤

[@CommerceSpecialist]

@@RusiruDissanayake-qo9nz Love to all me supporters from Srilanka👍🙏

[@pathytykazadi7767]

i am watching from congo

[@CommerceSpecialist]

🙏👍

[@user-wd5fy9zv8p]

huge respect from Pakistan 😘😘

[@CommerceSpecialist]

Thanks dear Farid🙏👍

[@graceapau-twum4887]

Thank you

[@CommerceSpecialist]

🙏👍

[@comedyinn9259]

Thank you sir, how we connect for CMA.

[@CommerceSpecialist]

Ur welcome dear, through email

[@RizwanJadoon]

@@CommerceSpecialist thank you so much sir for your reply, I ll connect via email.

[@Nethrapapa]

Watching from Qatar, I would like to take your 1 hr tutorial I have some questions and clarification, would u please give me your time sir?

[@suhanatil971]

Dublin ; Ireland

[@CommerceSpecialist]

Thanks

[@AakashKumar-md6ew]

How are you calculating so fast?

[@CommerceSpecialist]

😊🙏👍

[@robertfrancis6359]

Jamaica

[@CommerceSpecialist]

Love to all my followers and students from Jamaica

[@nicholusmuheirwe1949]

Am from Uganda

[@ABUBAKARADAMUAHMAD-yb1rj]

I'm from Nigeria GOMBE STATE UNIVERSITY

[@GUPTADEEPAK02]

Sir Ek request hai please Hindi or English done mein pdha dijye
Please sir please sir

[@CommerceSpecialist]

Yes im thinking of starting some stuff in Hindi/Urdu as well, what do you say??

[@ethanryan6599]

Thank you i'm from afghanistan, Thank you, 3X bullets

[@CommerceSpecialist]

Ur welcome dear🙏👍😊

[@haryanakasher1884]

Sir hindi me bolna tha English me to hum book se bhi padh lete