What Do Mixed Costs,by Definition,contain

question 47

Multiple Choice

What do mixed costs,by definition,contain?

• A)product and period costs
• B)fixed and variable costs
• C)direct and indirect costs
• D)controllable and non-controllable costs

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Definitions:

Performance Measure

Indicators used to evaluate and assess the effectiveness, efficiency, and success of an organization's activities or employee's performance.

Controllable Margin

A metric used in management accounting, representing the difference between sales revenue and controllable costs.

Controllable Margin

The portion of income that can be directly influenced by management decisions, excluding fixed costs and uncontrollable expenses.

Operating Assets

Assets used by a business in its daily operations to generate revenue, excluding investment and non-operational assets.