Which of the Following Would Be a Likely Mathematical Expression

question 49

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:

Selling Price

The price at which a product or service is offered to consumers.

Net Operating Income

The revenue from a company's primary business operations minus operating expenses, excluding taxes and interest.

Units Sold

The quantity of product units that have been sold during a specific period.

Break-even Point

The point at which total costs and total revenues are equal, meaning the business is neither making a profit nor suffering a loss.