A budgeted cost is a forecasted future expense that the company is expected to incur in the future. In other words, it?s an estimated expense that management anticipates will be incurred in a future period based on projected revenues and sales. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
A budgeted cost is a forecasted future expense that the company is expected to incur in the future. In other words, it?s an estimated expense that management anticipates will be incurred in a future period based on projected revenues and sales.