Question 1: Does anyone work for a company that is seasonal, that can give us some insights about how the operations of the company may change during the year? Otherwise, consider a company you do business with or know something about, and offer how seasonality will affect its operations.
Question 2: As a seasonal company's sales start to slow down, what might be some costs that decrease as well, and what might be some costs that will remain about the same each month, and why so? Name at least two or three kinds of costs and be specific about different or same and why so for each.
Question 3: What do you think the terms fixed cost and variable cost mean in this context?