the production cost (1) remains fixed to a certain volume, thenit is variable, (2) total of which responds less to changes in activity volume, and (3) has a fixed element of cost and a variable element of cost. Called mixed cost.
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the production cost (1) remains fixed to a certain volume, thenit is variable, (2) total of which responds less to changes in activity volume, and (3) has a fixed element of cost and a variable element of cost. Called mixed cost.
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