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.
Like us on Facebook. Named in honor of Princess Louise Caroline Alberta (1848-1939), the fourth daughter of Queen Victoria and Prince Albert and the wife of the Marquess of Lorne, Governor General of Canada from 1878 to 1883. Lake Louise, the village of Caroline, and Mount Alberta are also named after her.