The “Cost Relationships” visualization shows revenues in green, variables cost in orange, and fixed cost represented by a blue line. Based on the visualization, which of the following statements is false? (Hint: You will need to select “All” in the drop-down menu to show data for all months of the year to complete this question.)

multiple choice

Fixed cost tends to fluctuate with changes in sales.

Variable cost tends to fluctuate with changes in sales.

Profits for the year were at their lowest in the month of March.

Fixed cost for each month totaled $900,000.

  

The dashboard below contains three different types of visualizations pertaining to cost behavior. All the visualizations pertain to Blix Industries, a manufacturer of batteries for electric cars. The "Cost Relationships by Month visualization displays revenues, fixed costs. and variable costs over a one-year period. This visualization allows you to filter the data by month using the drop-down in the upper right corner. The second visualization contains two bar charts comparing the traditional format income statement with a contribution format income statement for the month of February. Note that both income statements contain the same financial information, just formatted differently. The third visualization contains two pie charts comparing how expenses are classified differently between the traditional and contribution format income statements for the month of February. Use the information within these three visualizations to answer the following questions. Cost Behavior $3.0M $2.0M $1.0M $0.0M Cost Relationships by Month Revenue | Fixed Costs | Variable Costs Months Of (Multiple values) Jan 20 Feb 20 Mar 20