Mixed costs are costs that have both a fixed and a variable component. 

a. True 

b. False

Answer rating: 100% (QA)

a mixed cost is a cost that has both the characteristics of variable and fixed costs Meaning that it has a component that increases or decreases with the level of activity It also has a component that stays asis no matter what the level of activity is Mixed cost is also referred to as semivariable or semifixed cost ... View the full answer