In the Standard Cost Formula Y = a + BX

question 130

Multiple Choice

In the standard cost formula Y = a + bX, what does the "X" represent?

• A) total cost
• B) total fixed cost
• C) the level of activity
• D) variable cost per unit

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Definitions:

Visual Workplace

Uses a variety of visual communication techniques to rapidly communicate information to stakeholders.

Hawthorne

Refers to the Hawthorne Effect, a phenomenon where people improve or modify an aspect of their behavior in response to their awareness of being observed.

Proper Lighting

The adequate provision of light in a space, ensuring visibility and contributing to the comfort and productivity of individuals.

Ergonomics

The study of the human interface with the environment and machines.