Mixed costs are
A)costs with both indirect and direct elements.
B)costs with both product and period elements.
C)costs with both fixed and variable elements.
D)none of these.

Question

Quizplus · Accepted Answer

Mixed costs have both fixed and variable elements. These costs have a fixed portion that remains constant regardless of the level of activity, and a variable portion that changes based on the level of activity. Examples of mixed costs include utility bills, salaries, and maintenance costs. They are neither purely fixed costs nor purely variable costs.

Mixed Costs Are