Once individual annual budgets have been prepared, they are combined into a large budget called the master budget

Some of the items which we will find under:

Sales budget: Forcasting sales in dollars as well as in units.

Purchases budget: Desired ending inventory + Cost of goods sold + Beginning inventory.

Supplies or raw materials will be found under the purchase budget, such as
milk, cream, fruits,flavors, sugar,etc.

Operating expenses budget:
Selling and distribution expenses
General Administration expenses
Financial expenses
Occupancy expenses
Marketing expenses

Some of the specific items under these categories will include expenses like rent, salaries, insurance, depreciation, telephone and communication expenses, stationary, transportation/logistics,etc.

Capital budget: It will outline the proposed capital expenditure in the fiscal year such as those on land, plant and machinery, building, vehicles, etc.

Cash budget:

Beginning cash balance

Add:
Estimated collections on accounts receivable
Estimated Cash sales

Deduct:
Estimated payments on accounts receivable
Estimated cash expenses
Contractual payment on long term debt
Quarterly dividend,if any