Difference between revisions of "Mixed cost"

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(Created page with "Mixed cost is a cost that has both fixed and variable elements. Also called a semivariable cost. ==Definitions== According to Cost Accounting by Horngren, Datar, Rajan...")
 
 
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]],
 
:[[Mixed cost]]. A cost that has both fixed and variable elements. Also called a semivariable cost.
 
:[[Mixed cost]]. A cost that has both fixed and variable elements. Also called a semivariable cost.
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
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:[[Mixed cost]]. Costs that change, but not in direct proportion to changes in volume. Mixed costs have both variable cost and fixed cost components.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 12:56, 15 July 2020

Mixed cost is a cost that has both fixed and variable elements. Also called a semivariable cost.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Mixed cost. A cost that has both fixed and variable elements. Also called a semivariable cost.

According to Managerial Accounting by Braun, Tietz (5th edition),

Mixed cost. Costs that change, but not in direct proportion to changes in volume. Mixed costs have both variable cost and fixed cost components.