Which of the Following Equations Represents the Total Mixed Cost

question 150

Multiple Choice

Which of the following equations represents the total mixed cost?

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

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Definitions:

Contribution Margin Ratio

A financial metric that measures the proportion of revenue remaining after variable costs are subtracted, indicating how much contributes to covering fixed costs and generating profit.

Organic Fertilizer

Organic Fertilizer is a soil amendment derived from natural sources that supplies nutrients to plants and improves soil structure.

Operating Leverage

The extent to which a company can increase operating income by increasing revenue, attributable to the proportion of fixed costs in total costs.

Fixed Expenses

Costs that remain constant in total over a specified period, regardless of changes in the level of activity or volume of output.