How will changes in variable costs or fixed costs impact planned profits?

How will changes in variable costs or fixed costs impact planned profits?

Ritu Singh Trainee Asked on November 4, 2014 in Accounting.
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1 Answer(s)

Fixed cost remain same and variable change with production. So increase in variable expense has not much impact as there will be increase in revenue but it there is increase in fixed expense and no change in revenen it is going to h ave impact on profits. Profits will be less

CA Mohnesh Kohli Trainee Answered on November 19, 2014.
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