Research on Budgeting in Animal Feed Processing Enterprises in Vietnam

The study has synthesized theories on making production cost budget in manufacturing enterprises. Production cost budget include three production cost items, and the budget are prepared as static budget and flexible budget. Budget are the basis for checking and controlling achieved results and comparing with budget to analyze the reasons for making business decisions and are the basis for evaluating the performance results of departments, responsibility centers and the entire enterprise. The study was conducted on 52 animal feed processing enterprises and the study conducted an in-depth survey of Rural Technology Development Joint Stock Company to assess the current situation of building production Standard cost and making production cost budget at the farms. animal feed processing enterprise. The research has provided complete solutions for building Standard cost, making cost budget, and especially making flexible budget to serve the control of costs and business performance.