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Budgeted Payroll

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Jul 24, 2020, 6:28:07 PM
Created by
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Jul 31, 2015, 9:31:36 PM
Budgeted Payroll=Forecasted Labor Cost-Budgeted Payroll Allocation
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The Budgeted Payroll is the sum total of all compensation that a business must pay to its employees for a set period of time or on a given date.

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Payroll Definition | Investopedia." Investopedia. N.p., 11 June 2010. Web. 08 Aug. 2015.

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