Total mixed costs can be expressed as y = vx, where y = total variable cost, v = variable cost per unit of activity, and x = volume of activity.

Name: Total mixed costs can be expressed as y = vx, where y = total variable cost, v = variable cost per unit of activity, and x = volume of activity.
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Total mixed costs are expressed as y = vx + f, where y = total mixed cost, v = variable cost per unit of activity, x = volume of activity, and f = fixed cost.

Total Mixed Costs Can Be Expressed as Y = Vx