Which of the following equations represents the total mixed cost?
A)y = vx + f
B)y = vx
C)y = f
D)y = v + f

Name: Which of the following equations represents the total mixed cost? A)y = vx + f B)y = vx C)y = f D)y = v + f
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Question

Quizplus · Accepted Answer

Total mixed cost is the sum of variable cost and fixed cost. Variable cost is represented by vx and fixed cost is represented by f. Therefore, the total mixed cost is y = vx + f.

Which of the Following Equations Represents the Total Mixed Cost