Since a mixed cost has both a fixed and a variable component,

[hgjjghgjh]

Question 1

Some costs have both a fixed and a variable component. These costs are referred to as
◦ committed costs.
◦ step costs.
◦ discretionary costs.
◦ mixed costs.

Question 2

Since a mixed cost has both a fixed and a variable component,
◦ neither total cost nor unit cost will vary with changes in the level of activity.
◦ both the total cost and the unit cost will vary with changes in the level of activity.
◦ unit cost will vary with changes in the level of activity, but total cost will not.
◦ total cost will vary with changes in the level of activity, but unit cost will not.

[gwisel]

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[hgjjghgjh]

YES! Correct, THANKS for helping me on my review

[mammy1697]

Thanks for the timely response, appreciate it