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Mixed expenses

23/12/2020 Client: saad24vbs Deadline: 3 days

Part I


Using the list of expenses in Jim’s Auto Body’s Income Statement, indicate whether the expense is fixed, variable, or mixed.

Table 1




Part II


In a memo to your client, Jim Davis, explain the difference between fixed, variable, and mixed costs. Also define, in your own words, contribution margin, break-even point, and cost-volume profit analysis, including the formulas for all three and how the client can utilize them in his business. Your memo should be 600–700 words in APA format.

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