Budgeted Costs Change Because Total Variable Costs Go Up as Output

question 164

Short Answer

Budgeted costs change because total variable costs go up as output increases, therefore flexible budgets are sometimes referred to as _______________.

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Definitions:

Phytoplankton

Phytoplankton are microscopic photosynthetic organisms found in aquatic environments, forming the base of most marine and freshwater food webs.

Zooplankton

Small, often microscopic animals found in aquatic ecosystems, serving as a crucial part of the food web by consuming phytoplankton.

Bathypelagic

A region of the ocean depths ranging from 1000 to 4000 meters, known for perpetual darkness and home to a variety of unique life forms.

Abyssal

Pertaining to the depths of the ocean, typically areas between 2,000 and 6,000 meters deep, characterized by cold temperatures and high pressure.