Question: Exercise 2 - 1 2 A ( Algo ) Using fixed cost as a competitive business strategy LO 2 - 1 , 2 - 2

Exercise 2-12A (Algo) Using fixed cost as a competitive business strategy LO 2-1,2-2
The following income statements illustrate different cost struciures for two competing companies:
\table[[Income,statements,Company Name],[,Gibson,Franklin],[Number of customers (a),,80,80],[Sales revenue (a $246),,$19,200,$19,200
Exercise 2-12A (Algo) Using fixed cost as a competitive business strategy

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