A cost that has both the characteristics of fixed cost and variable cost is known as a
A)sunk cost.
B)discretionary cost.
C)mixed cost.
D)variable fixed cost.

Question

Quizplus · Accepted Answer

A mixed cost has aspects of both fixed and variable costs. The fixed portion of the cost remains constant regardless of the level of activity, while the variable portion of the cost varies with the level of activity. Examples of mixed costs include utilities, maintenance, and supplies.

A Cost That Has Both the Characteristics of Fixed Cost