Question
Topic: Give an example of a significant swing in variable cost for a real business.In other words, a period when a variable cost increases or
Topic:Give an example of a significant "swing" in variable cost for a real business.In other words, a period when a variable cost increases or a period when a variable cost decreases.
Pictures make the example livelier, but are not required.
Professor's example(which you cannot use):
Inventory orders at the Switz Caf:
The Switz Caf is part of on-campus dining at UWF (atrium of Building 76A).I interviewed Dee about how ordering changes at the end of the semester (her idea, see picture below).Basically, with two weeks remaining, she cuts product orders by about 25%.Then, she cuts orders 100% as the Caf is closed during the semester break.
Notes:I talked in percentage terms because I didn't want any privacy issues (orders may have fallen from $200 to $150 or $2000 to $1500, none of my business).Also, this isn't all of the variable costs, I just want you to provide evidence of something you discover on your own.You can ask a business manager for something similar or you can find an example from the internet.
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