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  1. Topics
  2. Business
  3. Cornerstones of Managerial Accounting Study Set 1
  4. Quiz 3: Cost Behaviour

Refer to the Figure.which Element Is the Independent Variable

Question 38
Multiple Choice

Refer to the Figure.Which element is the independent variable? A) fixed cost B) total cost C) output D) variable rate

Related questions
Q 39
Refer to the Figure.Which element is the intercept? A) fixed cost B) total cost C) output D) variable rate
Q 40
Refer to the Figure.Which element is the slope? A) variable rate B) output C) fixed cost D) total cost
Q 41
Suppose that at a given volume,total costs and fixed costs are known.How are the variable costs per unit computed? A) (total costs − fixed costs) / unit volume B) (total costs / unit volume)− fixed costs C) (total costs × unit volume)− (fixed costs / unit volume) D) total costs − (fixed costs / unit volume)
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