As EEC's corporate business financial analyst, you will need to have a clear understanding of the different types of costs (variable, fixed, and mixed) that the company carries. Review EEC's journal activity. Define and identify its variable, fixed, and mixed costs.
Next, determine what affect a sales volume increase or decrease will have on unit fixed cost, unit variable cost, total fixed cost, and total variable cost.
1500-1750 words, excluding title page/reference
The solution contains answers for two questions 1. classification of transactions in journal into fixed, variable and semi-variable cost and 2. impact of changes in sales volume on total variable cost,total fixed cost,variable cost per unit,fixed cost per unit