cost equation,”Is a mathematical equation for a straight line
to predict total costVariable cost line can be mathematically expressedtotal variable cost (y)= variable cost per unit of activity (v) X volume of activity (x)”
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cost equation,”Is a mathematical equation for a straight line
to predict total costVariable cost line can be mathematically expressedtotal variable cost (y)= variable cost per unit of activity (v) X volume of activity (x)”