Mixed costs 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 cost components. The fixed component represents the base level of cost that does not change with changes in production or sales volume, while the variable component varies with changes in production or sales volume. Both of these costs are included in mixed costs.

Mixed Costs Contain Both