Question: A mixed cost function has a constant component of $20,000. If the total cost is $60,000 and the independent variable has the value 200, what

A mixed cost function has a constant component of $20,000. If the total cost is $60,000 and the independent variable has the value 200, what is the value of the slope coefficient?

A) $200 B) $400 C) $600 D) $40,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Chapter 3: Cost-Volume-Profit Analysis 1)Can CVP be used with absorption costing? Chapter 10: determining how costs behave 1)A mixed cost function has a constant component of $20,000. If the total...

RISKS OF FINANCIAL INSTITUTIONS . Interest rate risk 14a - Duration gap Example 3. Calculate the Duration of a 3-year, $1000 face value bond with a 10% coupon paid semi-annually, given that YTM is...

a. A mixed cost function has a constant component of $20,000. If the total cost is $60,000 and the independent variable has the value 200, what is the value of the slope coefficient? $200 b. $400...

QUESTION 13 Billy Stone, Inc. budgets the following amounts for its Buildings & Grounds and Compute Services Departments in servicing each other and the two manufacturing divisions of Signs and...

A mixed cost function has a constant component of $20,000. If the total cost is $60,000 and the independent variable has the value 200, what is the value of the slope coefficient? A) $200 B) $400 C)...

A mixed cost function has a constant component of $20,000. If the total cost is $60,000 and the independent variable has the value 200, what is the value of the slope coefficient?

A mixed cost function has a constant component of P20,000. If the total cost is P60,000 and the independent variable has the value 200, what is the value of the slope coefficient? OP600 OP40,000...

Can i get the solutions step by step for this 20 question(I got answers I just want to know the steps) Use the following information to answer the next two questions . Breakeven point for the month (...

Question 1 12 Marks The following sales and cost data are provided: Direct materials used R150 000 Direct labour R200 000 Overheads (all indirect, 60% variable) R100 000 Selling and administration...

Write down the types of Musharakah.

Calculate the mean free path of molecules in air using = 0.43 nm 2 at 25C and (a) 10 atm, (b) 1.0 atm, (c) 1.0 atm.

12.29 Storage time and the vitamin C content of bread. Does bread lose its vitamins when stored? Small loaves of bread were prepared with flour that was fortified with a fixed amount of vitamins....

- A . B . C . da 1 0 D . E . O A . Place O B . Promotion O C . Price D . Publicity E . Product A . B . O E . Wikis - A . B . C . D . O E .

=+4. What do they (audience members) currently think (about the brand)?

=+a. Demographics Provides insight into audience by their age, income, education, gender, occupation (employment status), etc.

=+5. What do you want them to think (about the brand)? (THINK CONSUMER BENEFIT.