Thompson Company manufactures and sells cookware. Because of current trends, it expects to increase sales by 15% next year. If this expected level of production and sales occurs and plant expansion is not needed, how should this increase affect next year's total amounts for the following costs.

Variable Costs Fixed Costs Mixed Costs

a. Increase increase increase

b. Decrease increase increase

c. No change no change increase

d. Increase no change increase

Answer rating: 100% (QA)

d increase no change increase Variable cost is the cost that changes with ... View the full answer