A mixed cost is often 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 cost that has both fixed and variable components. It is also known as a semivariable cost. The fixed component of a mixed cost does not change with changes in activity levels, while the variable component changes in proportion to changes in activity levels.

A Mixed Cost Is Often Known as A