The Cost Relationships visualization shows revenues in green, variables cost in orange, and fixed cost represented by
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Question:
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.
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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