2 questions

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Questions 1 & 2 minimum 100 word response for each and reference

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Distinguish between a variable cost, a fixed cost, and a mixed cost. Identify a publicly traded, well-known company, and identify what you envision would be a variable cost, a fixed cost, and a mixed cost for this company. Do not choose a company that one of your classmates has already chosen. Participate in follow-up discussion through responding to one of your classmates’ posts, adding to the variable, fixed, and mixed costs that might exist for the company presented. Let me know which company you choose and I can make sure no one has written on it!

What is meant by a product’s contribution margin ratio? How is this ratio useful in planning business operations? Cite any references used. Participate in follow-up discussion by reviewing your classmates’ posts, adding additional information, asking questions, or responding to follow-up questions posed by your instructor.

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