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   Match the Cost behavior to its correct graphing pattern 1. Total Variable Cost 2. Total...

  

Match the Cost behavior to its correct graphing pattern

1. Total Variable Cost

2. Total Fixed Cost

3. Total Semi-Variable or Mixed Cost

A.

Straight Vertical line
B.

Straight Horizontal line
C.

Slopes down to the right
D.

Begins at the origin and slopes up to the right
E.

Begins above the origin and slopes up to the right
Business   Accounting   
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Answer #1

Variable cost :Varies with Number of units .As number of units produced or sold increases ,variable cost also increases .So cost behavior of variable cost is Begins at the origin and slopes up to the right

Fixed cost :Remains constant irrespective of number of units .It does not change with units produced or sold.so cost behavior of fixed cost is Straight Horizontal line

Total Semi-Variable or Mixed Cost :Semivariable cost is a mixture of variable and fixed cost .so cost behavior of semi variable cost is Begins above the origin and slopes up to the right

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