This work focused on the assessment of budget practices applied in the manufacturing sector. Two companies in the sector, Company A and Company B were used as the case studies where the budget implications for producing 100 500 pallets of a lager beer and 200 000 pallets of baby cereal respectively. The budget planning process, budget development, types of budget to be used were discussed. The short range type of budget over a monthly period was chosen. From the analysis: the budget implications in the manufacturing sector are highly depended on the direct materials, direct labor and plant overheads budgets.