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During the year, Amber's Bakery incurred $4 000 in fixed costs and $14 000 in variable costs. There's a pandemic and Amber is concerned about
During the year, Amber's Bakery incurred $4 000 in fixed costs and $14 000 in variable costs. There's a pandemic and Amber is concerned about her future sales and so Amber asked you to explain what would happen to her fixed and variable costs if the number of cakes produced next year is halved. Please provide Amber with specific amounts for fixed and variable costs.
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