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:

ABC Bank

A hypothetical name often used to refer to a generic or unspecified bank in examples or case studies.

Federal Food, Drug, and Cosmetic Act

A set of laws passed by Congress giving authority to the U.S. Food and Drug Administration (FDA) to oversee the safety of food, drugs, and cosmetics.

United States Food and Drug Administration

A federal agency responsible for protecting public health by assuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices.

Door-to-Door Solicitation

The practice of visiting residences in person to offer goods, services, or solicit donations.