Costs that have a fixed and a variable component are termed:

Question

Quizplus · Accepted Answer

Semi-variable costs have a fixed component that remains constant over a certain level of activity, and a variable component that varies with the level of activity. This means that there is a fixed cost element involved, but the variable component changes with output or sales. Therefore, C is the correct answer. A, B, D are not correct because they have no specific meaning and are not used to describe costs in accounting.

Costs That Have a Fixed and a Variable Component Are