Total Mixed Cost Is Represented by Which of the Following

question 214

Multiple Choice

Total mixed cost is represented by which of the following equations?

• A)y = vx
• B)y = vx + f
• C)y = f
• D)y = v + f

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Definitions:

Reasonable Time

An undefined period which is fair and appropriate under the circumstances for the performance of a certain action or fulfillment of a duty in a legal context.

Offer Expired

A situation where a proposal for a contract or agreement has reached its time limit without acceptance, rendering it void.

Communicating Acceptance

The process by which the party to whom an offer has been made notifies the offeror that they accept the terms of the offer.

Specified Means

A clearly defined method or procedure outlined for achieving a given end or goal.