Mixed costs, by definition, contain both
A)product and period costs.
B)fixed and variable costs.
C)direct and indirect costs.
D)controllable and noncontrollable costs.

Question

Quizplus · Accepted Answer

Mixed costs contain both fixed and variable components. The fixed portion of the cost remains constant within a certain range of activity, while the variable portion fluctuates with changes in activity level.

Mixed Costs, by Definition, Contain Both