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bx

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

In the equation of a straight line, y = a + bx, ‘bx’ is the total variable cost resulting from the
variable cost rate ‘b’ multiplied times the quantity ‘x’.

Dictionary

  1. A
  2. B
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  6. F
  7. G
  8. H
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  23. W
  24. X
  25. Y
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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