What do mixed costs,by definition,contain?
A)product and period costs
B)fixed and variable costs
C)direct and indirect costs
D)controllable and non-controllable costs

Question

Quizplus · Accepted Answer

Mixed costs, by definition, contain both fixed and variable costs. Fixed costs are those that do not change regardless of the level of production or sales, while variable costs change proportionally with the level of production or sales. Mixed costs occur when there is a combination of both fixed and variable costs in a particular expense.

What Do Mixed Costs,by Definition,contain