Examlex
Which of the following is NOT a system addressed by MST?
Mixed Cost
A cost composed of a fixed and a variable component and changes in total with the level of activity, but not proportionally.
Variable
An element, feature, or factor that is liable to change or be changed, often used in the context of experiments, statistics, or mathematics.
Mixed Costs
Costs that contain both a variable- and a fixed-cost element and change in total but not proportionately with changes in the activity level.
Fixed Costs
Expenditures such as rent, salaries, and insurance that are unaffected by changes in production or sales volumes.
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