Answer:
Account Analysis
Explanation:
The estimation of different costs associated with the product is know account analysis. In this method the cost is measured into three categories as below
- Variable cost
- Fixed Cost
- Mixed Cost
All these costs are calculated using linear algebra as below
Y= B + MX
where
Y is the total costs of product
B = Fixed Cost of the product
M = Variable cost of the product
X = Number of Units
