The Budget summary Statistics box summarises the budget information in particular highlighting the difference between current market value (including sold wool) and the budgeted value (including sold wool). If a budget has been previously calculated on the receivals selected, the last budget figures used will be displayed.

Budget Value - gross dollar value either entered or calculated from a c/kg plus margin, or dollar per bales basis.

Gross Running Value (Sold/Unsold) - Totals the current estimated gross dollar value for each unsold line and the gross dollar value obtained for the sold lines.

Gross Budgeted Value - If each of the calculated reserves were obtained for the lines still available for sale, the gross budgeted value would be achieved. There is a difference between the Budget Value and Gross Budgeted Value due to rounding.

The pop-up summary statistics box can be moved on screen by clicking and holding the left mouse button on the top blue border of the box and dragging the box around the screen. The summary statistics box can be closed by clicking the cross in the top right hand corner, or by clicking the button. To view the summary statistics box after closing, click the button for the box to reappear.

Budget Results

A budget figure can be entered in one of three ways:

1. Gross Dollar Value - enter a gross dollar value and select the "Gross $ Value" from drop down menu

2. Cost + Margin - enter a cost of production figure as c/kg greasy either calculated previously using the Jemalong Wool Cost of Production Model, or calculated by yourself, farm advisor, or accountant using another reliable method. Enter a "+" symbol followed by a figure representing the percentage margin required over and above the cost of production.

An example of the format for entering Cost + Margin is as follows:

"390+20" refers to a cost of production figure of 390c/kg greasy and a 20% margin.

After entering the figures, select from the drop down box "Cost + Margin"

3. Dollars per Bale - enter a dollars per bale figure as a gross figure. Select the $ per Bale from the drop down menu.

After entering the appropriate figure and selecting the corresponding menu choice, click the button to proceed.

Lines shown in red represent those lines that have previously been sold but are to be included in the budget calculations.