Example of a Flexible Budget. ABC Company has a budget of $10 million in revenues and a $4 million cost of goods sold. Of the $4 million in budgeted cost of goods sold, $1 million is fixed, and $3 million varies directly with revenue. Thus, the variable portion of the cost of goods sold is 30% of revenues.
Louise [louise] as a girls' name is pronounced loo-EEZ. It is of Old German origin, and the meaning of Louise is famous warrior. Feminine of Louis; French version of Ludwig. Louisa was more common in the 18th and 19th centuries.
Lake Louise. Lake Louise, 2.4 km long, elevation 1731 m, is located in Banff National Park in southwestern Alberta. Lake Louise's outlet is a creek flowing into the Bow River.