Suppose that a Stetson hat costs $40 to make when 50,000 hats are made per month. If 55,000 hats are made in a particular month, what should happen to the average cost of one hat? Multiple Choice The cost should remain the same The cost should decrease It is not possible to tell what should happen to the cost The cost should incente Holloway Company has sales of $300,000, variable costs of $240,000 and fixed costs of $90,000 Holloway Company will have a Net Income of $60,000 of sales increase by $150,000 True or False True False