ACC 241 exam 2 Study Guide with
Verified Answers
variable costs - ️️ Correct-change in total in direct proportion to changes in volume
mixed costs per unit decrease as decrease as volume increases but - ️️ Correct-not in
direct proportion to chances in volume
- because mixed costs cont...
variable costs - ✔️✔️Correct-change in total in direct proportion to changes in volume
mixed costs per unit decrease as decrease as volume increases but - ✔️✔️Correct-not in
direct proportion to chances in volume
- because mixed costs contain both fixed cost and variable cost components, they
behave differently
mixed cost keys - ✔️✔️Correct-- total mixed costs increase as volume increases because
of the variable cost component
- mixed costs per unit decrease decrease as volume increases because of the fixed
cost component`
total mixed cost equation y = - ✔️✔️Correct-total mixed costs = variable cost component
+ fixed cost component
y = vx + f
y = total mixed costs
v= variable cost per unit of activity
x= volume of activity
f= fixed cost over a given period of time
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