Which of the Following Would Be a Likely Mathematical Expression

question 39

Multiple Choice

Which of the following would be a likely mathematical expression for Total Variable Cost? ​ ​

• A)Total Variable Cost = Production Volume × Revenue per Unit
• B)Total Variable Cost = Material Cost per Unit × Labor Cost per Unit
• C)Total Variable Cost = Total Cost - (Material Cost per Unit + Labor Cost per Unit)
• D)Total Variable Cost = (Material Cost per Unit + Labor Cost per Unit) × Production Volume

---

Definitions:

Variable Costing

A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in unit product costs.

Unsold Units

Inventory items that have been produced or acquired but have not yet been sold to customers.

Selling Price

The price at which a product or service is sold to customers, determined by factors like cost, demand, competition, and market conditions.

Variable Costs

Expenses that vary in relation to the amount of products or services a company generates.