`"Total Mixed Cost" = "Fixed Cost" + "Variable Cost" `
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A mixed cost is a cost that contains both a fixed component and a variable component.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- "What Is a Mixed cost? - Questions & Answers - AccountingTools." AccountingTools. N.p., n.d. Web. 07 Aug. 2015.