_____ contain elements of both fixed- and variable-cost behavior.
A)Mixed costs
B)Step costs
C)Committed fixed costs
D)Discretionary fixed costs

Question

Quizplus · Accepted Answer

Mixed costs contain both fixed and variable components. This means that there is a fixed portion of the cost that does not change despite the level of activity, and a variable portion that changes in proportion to the level of activity. Examples of mixed costs include utility bills, maintenance costs, and telephone bills.

_____ Contain Elements of Both Fixed- and Variable-Cost Behavior