Total Mixed Costs Can Be Expressed as Y = Vx

question 140

True/False

Total mixed costs can be expressed as y = vx, where y = total variable cost, v = variable cost per unit of activity, and x = volume of activity.

---

Definitions:

Articulation

The connection and movement between bones, or the articulation of sounds and words in speech.

Maxilla

The upper jawbone in vertebrates, which forms part of the skull and houses the upper teeth.

Temporal Bone

A pair of bones that form parts of the side of the skull and house the structures of the ears.

Mandible

The lower jawbone, which is the largest and strongest bone in the human face, involved in chewing and forming the lower part of the facial skeleton.