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How should mixed costs be classified in CVP analysis? What approach is used to effect the appropriate classification?

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How should mixed costs be classified in CVP analysis? What approach is used to effect the appropriate classification?

Answered Same Day Dec 22, 2021

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David answered on Dec 22 2021
125 Votes
How should mixed costs be classified in CVP analysis? What approach is used
to effect the appropriate classification?
Mixed Costs should be classified into fixed costs and variable costs in CVP Analysis.
Fixed costs mean cost which does not change in totality. It remains same i
espective
of change in production....
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