Manufacturing costs may be classified according to their behavior with respect to changes in production volume as

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Manufacturing costs may be classified according to their behavior with respect to changes in production volume as follows:

a. Variable costs change in total with volume but are fixed per unit.

b. Fixed costs do not change in total with volume but vary per unit.

c. Semivariable or mixed costs combine variable and fixed costs.

d. Step-pattern costs are fixed over a small range but vary over a wide range of activities.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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