Crossword Genius

Puzzled about whiskey firm's budget (3-4)

Ross

I believe the answer is:

low-cost

I'm a little stuck... Click here to teach me more about this clue!

'budget' is the definition.
(I've seen this in another clue)

'puzzled about whiskey firm's' is the wordplay.
'puzzled' becomes 'lot' (I am not sure about this - if you are sure you should believe this answer much more).
'about' is an insertion indicator.
'whiskey' becomes 'W' (phonetic alphabet: alpha, bravo, charlie etc.).
'firm's' becomes 'co's' (abbreviation for company).
'w'+'cos'='wcos'
'lot' going around 'wcos' is 'LOW-COST'.

Can you help me to learn more?

(Another definition for low-cost that I've seen is " Cheap".)

I've seen this clue in The Times.
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