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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced. Example of variable expenses are: - Raw material expenses - Cost of plastic to make a handphone case - Cost of carrots if the company is selling carrot pies - etc