Total Cost (T) = Fixed Cost (F) plus Variable Cost (V) or T = F + V. The dependent variable is T because as F & V change, T depends on the values of F & V. The independent variables (plural; two) are F & V. F and V change independent of T. You can also think of the above as cause (independent) and effect (dependent). The cause of F & V changing has the effect of T changing. So, in the above equation, there are two independent variables; F & V.
Table The difference in the values of the "dependent" variable is a fixed multiple of the difference between the corresponding values of the independent variable. And the value of the dependent variable is non-zero when the independent is zero.Graph A non-vertical straight line which does not pass through the origin.Equation y = mx + c (or equivalent) where m is some real number and c is non-zero.
The quantity of coffee that is consumed per some measure of time within a period starting some fixed amount of time before the test. Ideally, any study should also take account of the strength of the coffee, and the body mass of the consumer.
the fixed cost can be negative if and only if the basis of calculating the fixed cost is not realistic or representative such as the high low method that relies on extreme values only to ascertain the fixed and variable cost.
efficiency variance, spending variance, production volume variance, variable and fixed components
It is a situation in which a variable changes by the same amount for a fixed change over in time (or in another variable).
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
The answer is 25.
No. Total cost includes fixed costs, too. Even Semi Variable costs include Fixed costs...??? So whats the difference?
The dependent variable is the factor that remains fixed during an experiment and is affected by changes in the independent variable. It is the outcome or response that is being measured or observed.
Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.
Type your answer here... fixed cost + variable cost = total cost
Formula for Total Cost: Fixed Cost + Variable Cost + Semi-Variable Cost if there is no semi-variable cost then fixed cost + variable cost is a total cost. if we devide the total cost with volume as well then it will be cost per unit not total cost
Variable cost = Total Cost/ fixed cost
fixed and variable costs
Total assets less net fixed assets equals
total variable cost