Answered: In the mixed cost function Y A+ BX,…

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Accounting

In the mixed cost function Y A+ BX, total variable costs is represented by: O a. Y Ob. A BX C. BX O d. A

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 17MC: In the cost equation Y=a+bx, Y represents which of the following? A. fixed costs B. variable costs...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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In the mixed cost function Y A+ BX, total variable costs is represented by:
O a. Y
O b.A+ BX
OG. BX
O d. A

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