A mixed cost is also known as a:
A)semivariable cost.
B)step-ﬁxed cost.
C)variable cost.
D)curvilinear cost.
E)discretionary cost.

Question

Quizplus · Accepted Answer

A mixed cost is a type of cost that contains both fixed and variable components, making it also known as a semivariable cost. In other words, the cost has a fixed portion that does not change with changes in activity levels and a variable portion that changes proportionally with changes in activity levels.

A Mixed Cost Is Also Known as A