A mixed cost is:
A)a fixed cost
B)a cost with fixed and variable elements
C)a variable cost
D)always an indirect cost

Question

Quizplus · Accepted Answer

A mixed cost is a cost that has both fixed and variable elements. The fixed elements are the costs that do not change regardless of the level of activity, while the variable elements change with the level of activity. Examples of mixed costs include utility bills, mobile phone plans, and salary payments, which often have a fixed component and a variable component based on usage or hours worked.

A Mixed Cost Is