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Kipish [7]
3 years ago
8

LO 2.3In the cost equation Y = a + bx, Y represents which of the following?

Business
1 answer:
nevsk [136]3 years ago
8 0

Answer:

total costs

Explanation:

The cost equation Y = a + bx represents the mixed cost which includes both fixed and variable components

The explanation of the cost equation is shown below:

Y = a + bx

where

Y = Total cost

a = Fixed cost

b = variable rate per unit for an activity

X = number of units in an activity

So, this cost equation is referred to the mixed cost which considers both types of cost i.e fixed cost and the variable cost

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Answer:d) give the company its own identity. explain "where we are headed.

Explanation: A company's mission statement is a statement that specifically highlights the following

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This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.

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3 years ago
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Emily had an excellent year as a salesperson in 2015, earning $97,000. she paid $37,000 for necessities such as mortgage, food,
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