You Are Using Microsoft Excel to Create a Budget for Your

question 15

Essay

You are using Microsoft Excel to create a budget for your team at work. The budget includes numbers, formulas, and text that spans several columns.
You just added a new row of information, but all of the text in the left-most column is not showing, how do you fix the problem?

---

Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of production in a business.

Total Fixed Costs

The total of all expenses that stay the same no matter the amount of production or output.

Average Total Costs

The total cost of production (fixed and variable costs combined) divided by the number of units produced; it shows the cost per unit of output.

Variable Costs

Costs that change in proportion to the level of output in the production process.