Accounting Fixed and Variable Costs Discussion

Columbia Southern University Accounting Fixed and Variable Costs Discussion

Instructions

Reflect on a time where you had to rely on fixed and variable costs to predict total cost. What would you have done had you not had that information to use? Consider a time when you had to rely on fixed and variable costs to predict total costs. Reflect on the possible outcome had one of these two variables not been known. Explain what you might have done.