Question
Last year, Flash Company sold 15,000 units of its only product. If sales increased by 20% in the current year, how will total variable cost
Last year, Flash Company sold 15,000 units of its only product. If sales increased by 20% in the current year, how will total variable cost and totalfixed cost be affected?
| Total Variable Cost | Total Fixed Cost | ||
| A) | Remains constant | Remains constant | |
| B) | Increases | Decreases | |
| C) | Increases | Remains constant | |
| D) | Remains constant | Decreases | |
| E) | Remains constant | Increases | |
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Forensic And Investigative Accounting
Authors: D. Larry Crumbley, Lester E. Heitger, G. Stevenson Smith
6th Edition
0808034871, 9780808034872
