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Read:
Chapter 18: Cost-Volume-Profit and Business Scalability (Walther, L.M. (2012). Principles of Accounting. Logan, UT: Utah State University. Available at http://www.principlesofaccounting.com/)
For the Paper:
Write three complete and well-composed paragraphs (in your own words) in which you use, as an example, a company that operates where you live.
Describe what business it is in and some of the costs the company incurs.
Categorize the costs you identified as fixed costs or variable costs.
Be sure to use in-text citation and provide references for your sources, including textbooks.