Which of the following is the correct formula for calculating total mixed cost?
A) Total mixed cost = (Variable cost per unit / Number of units) + Total fixed cost
B) Total mixed cost = (Variable cost per unit × Number of units) - Total fixed cost
C) Total mixed cost = (Variable cost per unit × Number of units) + Total fixed cost
D) Total mixed cost = (Variable cost per unit / Number of units) - Total fixed cost

Question

Quizplus · Accepted Answer

Total mixed cost is composed of both variable and fixed costs. The formula for total mixed cost is the sum of total fixed cost and the product of the number of units and the variable cost per unit. Therefore, Choice C is the correct formula.

Which of the Following Is the Correct Formula for Calculating