Solved

In the Cost Equation TC = F + VX, "X

Question 36

Multiple Choice

In the cost equation TC = F + VX, "X" is best described as the:


A) costs that do not vary with changes in the activity level.
B) costs that do vary with changes in the activity level.
C) total cost estimate at a particular activity level.
D) activity level used to estimate the total cost.

Correct Answer:

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