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At a level of $500,000 in sales for a segment of the Guns n Roses Company, variable expenses are 38% of sales and traceable fixed
At a level of $500,000 in sales for a segment of the Guns n Roses Company, variable expenses are 38% of sales and traceable fixed expenses are 46% of sales. If sales volume for the segment goes down by $20,000, the ratio of variable expenses to sales will _________ and the ratio of traceable fixed expenses to sales will _________.
Group of answer choices
stay the same, stay the same
decrease, stay the same
decrease, decrease
increase, decrease
stay the same, increase
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