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Sheffield and Ivanhoe sell their products for exactly the same sales price. Both have the same annual total costs. Sheffield's variable and fixed costs at

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Sheffield and Ivanhoe sell their products for exactly the same sales price. Both have the same annual total costs. Sheffield's variable and fixed costs at break-even total $75600 and $37800 respectively. Ivanhoe's variable and fixed costs at break-even total $37800 and $75600 respectively. Both companies have the same net income. If both companies experience an increase in sales, which company will have the higher net income? More information is needed to determine the answer. Both companies will report the same prohts since total costs are the same. Sheffield, Ivanhoe

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