Mixed cost
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.