A cost that includes both fixed and variable cost components is called a:

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A cost that includes both fixed and variable cost components is
called a:

Mixed cost.

Step-variable cost.

Composite cost.

Curvilinear cost.

Differential cost.

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…

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SO ANSWER
IS A) MIXED COST…A COST THAT INCLUDES BOTH FIXED AND VARIABLE
COST COMPONENTS IS CALLED A MIXED COST…


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