Question
In describing the cost equation, Y = a + bX, the bX is: A) the independent variable level of activity. B) the total mixed cost.
In describing the cost equation, Y = a + bX, the "bX" is:
A) the independent variable level of activity.
B) the total mixed cost.
C) the total variable cost.
D) the variable cost per unit of activity.
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
11th Edition
1264229739, 9781264229734
