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Consider and discuss the interactions between rising or falling costs, the quantity and profitability of products...

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Accounting

Consider and discuss the interactions between rising or fallingcosts, the quantity and profitability of products in a businessenvironment. How does variable cost changes affect the contributionmargin and profit as opposed to the changes in fixed costs? Providelife examples of how you see these costs in your personal life orbusiness.

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We can determine profit of the business organisation in following manner Income from operation xxxx Less Variable Cost xxxx Contribution xxxx Less Fixed Cost xxxx Profit xxxx Therefore fixed and variable both cost plays an important role in    See Answer
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