Some firms assign mixed costs to either the fixed or variable cost categories without using any formal

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Some firms assign mixed costs to either the fixed or variable cost categories without using any formal methodology to separate them. Explain how this practice can be defended.

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Question Posted: Sep 22, 2015 03:31 AM

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Some firms assign mixed costs to either the fixed or variable cost categories without using any formal

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Some account categories are primarily fixed or varia...View the full answer

Cornerstones of Financial and Managerial Accounting

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