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Chapter 13




               3.3 Budgets

               Once the costs per unit have been identified, it should be possible to produce a
               budget.


                            This shows the total planned revenues and costs for our business for the
                            coming period.



                 Budgets are useful for several reasons.  A useful memory jogger is the acronym
                 CRUMPET.

                     C

                     R

                     U

                     M


                     P

                     E

                     T









































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