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    Managerial Accounting Study Set 24
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    Exam 2: Cost Behavior and Cost Estimation
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    Some Costs Have Both a Fixed and a Variable Component
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Some Costs Have Both a Fixed and a Variable Component

Question 56

Question 56

Multiple Choice

Some costs have both a fixed and a variable component.These costs are referred to as


A) discretionary costs.
B) committed costs.
C) mixed costs.
D) step costs.

Correct Answer:

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