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Describe how total variable costs

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Question 1: Describe how total variable costs and unit variable costs behave with changes in the level of activity.

Question 2: In applying the high-low method of cost estimation to mixed costs, how is the total fixed cost estimated?

Question 3: If fixed costs increase, what would be the impact on the (a) contribution margin? (b) income from operations?

Reference no: EM132882734

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