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cyberk cyberk
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2 years ago
Fixed costs are those costs that do not change as the level of activity increases or decreases. However, fixed costs may be classified as discretionary or committed.

Required:

a.Explain the differences in these classifications and give an example of each.
b.Discuss why managers should consider the impact of these costs in the
decision-making process in times of falling profits.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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LoveameriahLoveameriah
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