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Author Question: Fixed costs are those costs that do not change as the level of activity increases or decreases. ... (Read 92 times)

hgjjghgjh

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Fixed costs are those costs that do not change as the level of activity increases or decreases. However, fixed costs may be classified as discretionary or committed.

Required:

a.Explain the differences in these classifications and give an example of each.
b.Discuss why managers should consider the impact of these costs in the
decision-making process in times of falling profits.


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Marked as best answer by hgjjghgjh on Feb 5, 2023

Afvelasquez

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hgjjghgjh

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)


kishoreddi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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