In the cost equation y = vx + f, what term represents the total variable cost component

Question:

In the cost equation y = vx + f, what term represents the total variable cost component ?
a. f 

b. y 

c. vx 

d. v

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Managerial Accounting

ISBN: 9780137858514

7th Edition

Authors: Karen W. Braun, Wendy M. Tietz

Question Posted: