Consider the Following Equation:
Total Cost = Fixed Costs $\times$ Cost Driver Quantity)
If a Cost Can Be Estimated Using

question 8

Multiple Choice

Consider the following equation:
Total cost = fixed costs + (cost driver rate $\times$ cost driver quantity)
If a cost can be estimated using this equation, it is probably a:

• A) fixed cost.
• B) variable cost.
• C) mixed or semivariable cost.
• D) non-linear cost.