4e. In this problem, we are only considering the Total Cost (Fixed Cost + Variable...
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e In this problem, we are only considering the Total Cost Fixed Cost Variable Cost so explain why this approach is appropriate and eliminates the need to use Profit Profit Revenue Total Cost for decisionmaking?a Revenue has no bearing on ProfitbcdProfit Total Cost plus Revenue and Total Cost is largerTotal Cost Profit plus RevenueSales volume is the same for both machines hence Revenue is the same for both machines therefore Total Cost is a surrogate for Profit
e In this problem, we are only considering the Total Cost Fixed Cost Variable Cost so explain why this approach is appropriate and eliminates the need to use Profit Profit Revenue Total Cost for decisionmaking?a Revenue has no bearing on ProfitbcdProfit Total Cost plus Revenue and Total Cost is largerTotal Cost Profit plus RevenueSales volume is the same for both machines hence Revenue is the same for both machines therefore Total Cost is a surrogate for Profit
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