Which of the following statements about semivariable costs is not true? Group of answer...

50.1K

Verified Solution

Question

Accounting

Which of the following statements about semivariable costs is not true?
Group of answer choices
They first have to be broken down into their fixed and variable components before they can be used to predict costs at different levels of volume.
They are sometimes called mixed costs.
They vary in direct proportion to volume changes.
They may remain constant over a range of production, then abruptly change.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students