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. The fixed element remains constant regardless of the level of activity, while the variable element changes in proportion to the level of activity. Therefore, mixed costs can fluctuate in total as activity changes but have a fixed component that stays the same.

Mixed Costs Are