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assume that the number of multiplications of entries used to multiply a p × q and a q × r matrix is
pqr.
-Whatand 6 ×is 12,therespbestectivorderely?to form the product ABC if A, B and C are matrices with dimensions 8 × 3, 3 × 6
Variable Cost
A cost that varies, in total, in direct proportion to changes in the level of activity. A variable cost is constant per unit.
Fixed Cost
A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis, it varies inversely with the level of activity.
Planning Budget
A financial plan for a future period, outlining an organization's revenue and expenditures.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels.
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