Asked by
Janessa Rodriguez
on Dec 16, 2024Verified
Which of the graphs in Figure 21-1 illustrates the nature of a mixed cost?
A) Graph 2
B) Graph 3
C) Graph 4
D) Graph 1
Mixed Cost
A cost consisting of a fixed component and a variable component, changing in total with the level of activity but remaining constant per unit.
- Perform a detailed assessment to distinguish costs as variable, fixed, or mixed.
Verified Answer
SA
Learning Objectives
- Perform a detailed assessment to distinguish costs as variable, fixed, or mixed.