Difference between revisions of "Mixed cost"
(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. | ||
| + | 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. | ||
[[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.
