Question: 12. In the profit-volume chart below, EF and GH represent the profit-volume graphs of a single-product company for 2007 and 2008, respectively. If 2007 and

12. In the profit-volume chart below, EF and GH represent the profit-volume graphs of a single-product company for 2007 and 2008, respectively.

G E F (2007) H (2008) Volume If 2007 and 2008 unit sales prices are identical, how did total fixed costs and unit variable costs of 2008 change compared to 2007? 2008 total 2008 unit fixed costs variable costs

a. Decreased Increased

b. Decreased Decreased

c. Increased Increased

d. Increased Decreased

G E F (2007) H (2008) Volume

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