The following information pertains to the budget of Quality Products, Inc., for the next year:
|
Sales
|
$50,000,000
|
|
Variable expenses
|
45,000,000
|
|
Fixed costs
|
3,000,000
|
(a) 10 percent increase in sales volume
(d) 10 percent increase in variable expenses
(b) 10 percent increase in fixed costs
(e) 15 percent increase in fixed costs and 15 percent decrease in variable expenses
(c) 10 percent decrease in sales volume