Question: (c) High variable costs would cause lower contribution margin. Suggest TWO (2) actions how a manager can decrease variable costs (in order to increase CM)

(c) High variable costs would cause lower contribution margin. Suggest TWO (2) actions how a manager can decrease variable costs (in order to increase CM) and explain the effect of your suggestion on fixed costs. (2 Marks) (d) How do you explain the breakeven and safety margin concepts to an event organiser of motivational talks? You can provide example and explanation. (4 Marks)

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