Accounting terms for cost driver

Fill in the blank with the correct answer. 1. Variable cost per unit will change with changes in the cost driver. (change or stay the same are your choices) In the cost formula, y = mx + b, discussed in the video, each variable was defined. Fill in the blanks for questions 2-5 below with the accounting name of each variable. (do not use slope, intercept or other math terms) 2. "b" is the Click or tap here to enter text. 3. X is the Click or tap here to enter text. 4. "m" is the Click or tap here to enter text. 5. "y" is the Click or tap here to enter text. 6. Total variable cost Click or tap here to enter text. with changes in the cost driver. (changes or stays the same are your choices) 7. Fixed cost per unit will Click or tap here to enter text. (changes or stays the same are your choices) 8. A cost that combines both variable cost and fixed cost is called a Click or tap here to enter text. 9. The range over which cost behavior assumptions remain true is called the Click or tap here to enter text. 10. Total fixed costs will Click or tap here to enter text. when the cost driver changes. (change or stays the same are your choices)