The slope of the cost line on a scattergraph represents:
A)fixed cost per unit.
B)total fixed cost.
C)variable cost per unit.
D)sales price per unit.

Question

Quizplus · Accepted Answer

The slope of a cost line on a scattergraph represents the change in cost per unit of change in the quantity produced. This means that the slope is a representation of variable costs per unit. Fixed costs do not change with the quantity produced, so they would not be represented by the slope of the line. Sales price per unit would be represented by a separate line on the same graph, so it is not represented by the slope of the cost line.

The Slope of the Cost Line on a Scattergraph Represents