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What else can I help you with?
What is variable cost?
A variable cost is the cost that changes with the number of units produced.
Where is a coefficient located?
A coefficient is the number in front of a variable. For example, consider the expression '2y' y is the variable 2 is the coefficient
How can one determine the variable cost per unit in a manufacturing process?
To determine the variable cost per unit in a manufacturing process, you can divide the total variable costs by the number of units produced. Variable costs are expenses that change based on the level of production, such as raw materials and direct labor. By calculating this ratio, you can understand how much each unit contributes to these variable costs.
How do you calculate the variable cost per unit?
Variable cost is cost that varies with amount of production. In order to classify this cost, you must be able to decide if the cost can be directly related to the product. If it can, then calculate the total cost then divide it by the number of units produced.
Formula for total variable cost?
Total Variable Cost = Number of Units * Variable cost per unit
What is variable cost?
A variable cost is the cost that changes with the number of units produced.
What is the independent variable of a variable?
Just the number, for example: 7x the variable is 7. The variable is the number without the variable(x,y,z, etc.)
Examples of variable cost and fixed cost?
Direct labor and direct material is example of variable cost which increase with each increase of unit. Factory rent is example of fixed cost which remains fixed even in change in number of units produced.
What id a variable?
A variable is a symbol the represents another number. Example: 2y - 5y Y is the variable.
Can you provide an example of a non variable in this equation?
In the equation 2x 5 11, the number 5 is an example of a non-variable.
What is a number multiplied to a variable?
It is the coefficient of the variable as for example 5n means 5 times n
Choose the definition or example of coefficient?
a number in front of a variable
Would you consider airline fuel cost as a fixed or variable cost?
With respect to the number of passengers on an aircraft, fuel cost should be mixed, i.e. a combination of fixed costs and variable costs. However, since the number of passengers on an aircraft have little effect on its overall weight, the variable portion would be small, and the cost will be mostly fixed. With respect to the number of miles flown, aircraft fuel cost would be variable.
What is a number used to multiply a variable?
It is the coefficient of the variable as for example 5n means 5 times n
What is the definition of term?
the part of the expression that is added togetherTerms is the amount of money needed to purchase something.It is also the status with respect to the relations between people or groups.
The difference between a constant and a coefficient?
a constent is a value that never changes. for example number 8. the number 8 is not going to change, it's just 8. a coefficent is a number that multiples a variable. for example: 3n, the number 3 is the coefficent and it always come in front of a variable(in this case the variable is n).
What variable mentioned in Table 2-1 is kept constant?
The constant variable is usually the 'X' variable or the variable that stays the same. For example, it may be the 'X' variable or the same number.
