A mixed cost has:
A)either fixed or variable cost components,but not both.
B)only variable cost components,both within and outside of the relevant range.
C)only fixed cost components,both within and outside of the relevant range.
D)both fixed and variable cost components.

Question

Quizplus · Accepted Answer

A mixed cost has both fixed and variable cost components. The fixed component is the portion of the cost that is constant regardless of the level of activity, while the variable component varies with the level of activity. Therefore, option D is the correct choice.

A Mixed Cost Has