In a graph of a mixed cost function,the y-axis is ________ and the x-axis is ________.
A) fixed cost; cost driver activity
B) fixed cost; variable cost per unit
C) mixed cost; volume in units
D) cost; cost driver activity

Question

Quizplus · Accepted Answer

In a graph of a mixed cost function, the y-axis represents the total cost (which includes both fixed and variable components, hence "cost" without specification implies mixed cost), and the x-axis represents the cost driver activity (the activity that drives the cost, such as units produced, hours worked, etc.).

In a Graph of a Mixed Cost Function,the Y-Axis Is