Author: mfadmin

key characteristics of variable costs,”-total variable costs change in direct proportion to changes in volume-the variable cost per unit of activity (v) remains constant and is the slope of the variable cost line-total variable cost graphs always begin at the origin (if volume is zero, total variable costs are zero)-total variable costs can be expressed as follows: y=vxwhere

Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.key characteristics of variable costs,”-total[…]

Read more

key characteristics of fixed costs,”- total fixed costs stay constant over a wide range of volume-total fixed costs per unit of activity vary inversely with changes in volume:–fixed cost per unit of activity increases when volume decreases–fixed cost per unit of activity decreases when volume increases-total fixed cost graphs are always flat lines with no slop that intersect the y-axis at a level equal to total fixed costs-total fixed costs can be expressed as y=fwhere

Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.key characteristics of fixed costs,”-[…]

Read more

key characteristics of mixed costs,”total mixed costs increase as volume increases because of the variable cost component- mixed cost per unit decrease as volume increases because of the fixed cost component-total mixed costs graphs slop upward but do not begin at the origin– they intersect at the y-axis at the level of fixed costs-total mixed costs can be expressed as a combination of the variable and fixed cost equations:total mixed costs=variable cost component + fixed cost componenty=vx +fwhere

Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.key characteristics of mixed costs,”total[…]

Read more