question archive A cost that includes both fixed and variable cost components is called a: Mixed cost
A cost that includes both fixed and variable cost components is called a: Mixed cost
Subject:AccountingPrice:2.87 Bought7
A cost that includes both fixed and variable cost components is called a:
Mixed cost.
Step-variable cost.
Composite cost.
Curvilinear cost.
Differential cost.
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Answer:
IN MANAGERIAL ACCOUNTING THERE ARE MANY TYPES OF COST...
VARIABLE COST WHICH INCURS ACCORDING TO PRODUCT...
FIXED COST WHICH IS FIXED IN PERIOD...
BUT SOME COSTS ARE MIXED...IN MIXED COST VARIABLE & FIXED BOTH COST ARE INCLUDED..IN MIXED COST SOME PART IS INCURS ACCORDING TO PRODUCT OR SOME PART IS FIXED...
SO ANSWER IS A) MIXED COST...A COST THAT INCLUDES BOTH FIXED AND VARIABLE COST COMPONENTS IS CALLED A MIXED COST
