Organization- Church a. Explain the relationship between the level of activity, total fixed costs,...
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Accounting
Organization- Church
a. Explain the relationship between the level of activity, total fixed costs, and total variable costs within the organization.
b. Determine which business types are likely to have the highest ratio of variable to fixed costs, and which the lowest. Use this information to determine which type of business is most sensitive to changes in demand, and which is least sensitive. Discuss where your business fits along this continuum.
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