Accounting · Cost Behavior
Which type of line on a cost-versus-activity graph illustrates a semi-variable cost where the vertical axis represents total cost incurred?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A horizontal straight line parallel to the horizontal axis
- 2A straight line starting above the origin on the vertical axis and sloping upward✓
- 3A straight line starting directly from the origin and sloping upward
- 4A horizontal line that steps downward at higher activity levels
Correct answer
A straight line starting above the origin on the vertical axis and sloping upward
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