Mixed costs, by definition, contain both
A) product and period costs.
B) fixed and variable costs.
C) direct and indirect costs.
D) Controllable and no controllable costs.

Question

Quizplus · Accepted Answer

Mixed costs contain both fixed and variable costs. The fixed portion of the cost remains constant regardless of changes in the activity level, while the variable portion of the cost varies in proportion to changes in the activity level.

Mixed Costs, by Definition, Contain Both