Costs that change in relation to volume changes,but not in direct proportion to those changes,are known as:
A)Variable costs.
B)Semivariable costs.
C)Fixed costs.
D)Curvilinear costs.

Question

Quizplus · Accepted Answer

Costs that change in relation to volume changes, but not in direct proportion to those changes are known as semivariable costs. This is because they have both fixed and variable components. The fixed component remains constant regardless of changes in volume, while the variable component changes with volume but not in direct proportion. This makes them different from purely variable or fixed costs.

Costs That Change in Relation to Volume Changes,but Not in Direct