What Term Represents the Variable Cost Per Unit of Activity

question 82

Multiple Choice

What term represents the variable cost per unit of activity in the equation: y = vx + f? (Assume x represents the volume of activity.)

• A)v
• B)f
• C)y
• D)vx

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Definitions:

Merchant

An individual or company engaged in the buying and selling of goods for profit.

Technical Manual

A document that provides instructions, specifications, and guidelines for the operation, maintenance, or understanding of a specific system or product.

Exact Specifications

Detailed and precise descriptions of the requirements for materials, products, or services.

General Description

A broad or overall outline of an object, situation, or set of conditions, often providing basic details without going into in-depth specifics.