QUESTION 18 Which of the following changes occurs as volume decreases? Total fixed cost increases. Total...
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QUESTION 18 Which of the following changes occurs as volume decreases? Total fixed cost increases. Total fixed cost decreases Total variable cost increases. Total variable cost decreases QUESTION 19 Scott's Tots is a producer of low quality tator tots (small fried potatoes). The following information is available from his accountant: Sales revenue $1,000 Variable cost $400 Contribution margin $600 Fixed cost $500 Profit $100 What is Scott's Tot's degree of operating leverage? QUESTION 18 Which of the following changes occurs as volume decreases? Total fixed cost increases. Total fixed cost decreases Total variable cost increases. Total variable cost decreases QUESTION 19 Scott's Tots is a producer of low quality tator tots (small fried potatoes). The following information is available from his accountant: Sales revenue $1,000 Variable cost $400 Contribution margin $600 Fixed cost $500 Profit $100 What is Scott's Tot's degree of operating leverage?
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