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the formula for expressing total of a fixed, variable, or mixed cost at any leve

ID: 2482378 • Letter: T

Question

the formula for expressing total of a fixed, variable, or mixed cost at any level of activity is: A. Total cost = fixed cost * volume activity B. otal cost = fixed cost - variable cost C. Total cost = fixed cost * variable cost the formula for expressing total of a fixed, variable, or mixed cost at any level of activity is: A. Total cost = fixed cost * volume activity B. otal cost = fixed cost - variable cost C. Total cost = fixed cost * variable cost the formula for expressing total of a fixed, variable, or mixed cost at any level of activity is: A. Total cost = fixed cost * volume activity B. otal cost = fixed cost - variable cost C. Total cost = fixed cost * variable cost the formula for expressing total of a fixed, variable, or mixed cost at any level of activity is: A. Total cost = fixed cost * volume activity B. otal cost = fixed cost - variable cost C. Total cost = fixed cost * variable cost

Explanation / Answer

the formula for expressing total of a fixed, variable, or mixed cost at any level of activity is:

answer is

total cost = fixed cost + variable cost

total cost = fixed cost + ( variable rate * volume of activity)