Question: Describe how total variable costs and unit variable costs behave with changes in the level of activity. An examination of the accounting records of Clowney

Describe how total variable costs and unit variable costs behave with changes in the level of activity. An examination of the accounting records of Clowney Company disclosed a high contribution margin ratio and production at a level below maximum capacity. Based on this information, suggest a likely means of improving income from operations. Explain.

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