alleryStart learning →Some costs are neither purely fixed nor purely variable. Those are classified as:
AMixed costs
BSunk costs
CPrime costs
DPeriod costs
Answer & Solution
Correct answer: A. Mixed costs
1. They have both elements.
2. A phone bill is a common example.
3. They are mixed costs.
_Source: OpenStax Principles of Managerial Accounting, Chapter 2, Building Blocks of Managerial Accounting._
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