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A competitor of your company has shifted it cost structure from variable to fix costs, how your competitor handle cost accounting? What ate the advantages of disavantages yiur competitor may have consider before making the change? What is the rationale of making the change in cost structure? Differenciate the types of costs fixed variable step and mixed, explain how fixed costs affects the organazation profitability in situations where sales increase and decrease, summarize how increased level of fixed costs enables the organization to plan more effectively

A competitor of your company has shifted it cost structure from variable to fix costs, how your competitor handle cost accounting? What ate the advantages of disavantages yiur competitor may have consider before making the change? What is the rationale of making the change in cost structure? Differenciate the types of costs fixed variable step and mixed, explain how fixed costs affects the organazation profitability in situations where sales increase and decrease, summarize how increased level of fixed costs enables the organization to plan more effectively

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A competitor of your company has shifted it cost structure from variable to fix costs, how your competitor handle cost accounting? What ate the advantages of disavantages yiur competitor may have consider before making the change? What is the rationale of making the change in cost structure? Differenciate the types of costs fixed variable step and mixed, explain how fixed costs affects the organazation profitability in situations where sales increase and decrease, summarize how increased level of fixed costs enables the organization to plan more effectively
Transcribed Image Text:A competitor of your company has shifted it cost structure from variable to fix costs, how your competitor handle cost accounting? What ate the advantages of disavantages yiur competitor may have consider before making the change? What is the rationale of making the change in cost structure? Differenciate the types of costs fixed variable step and mixed, explain how fixed costs affects the organazation profitability in situations where sales increase and decrease, summarize how increased level of fixed costs enables the organization to plan more effectively
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