key characteristics of mixed costs,”total mixed costs increase as volume increases because of the variable cost component- mixed cost per unit decrease as volume increases because of the fixed cost component-total mixed costs graphs slop upward but do not begin at the origin– they intersect at the y-axis at the level of fixed costs-total mixed costs can be expressed as a combination of the variable and fixed cost equations:total mixed costs=variable cost component + fixed cost componenty=vx +fwhere

key characteristics of mixed costs,”total mixed costs increase as volume increases because of the variable cost component- mixed cost per unit decrease as volume increases because of the fixed cost component-total mixed costs graphs slop upward but do not begin at the origin– they intersect at the y-axis at the level of fixed costs-total mixed costs can be expressed as a combination of the variable and fixed cost equations:total mixed costs=variable cost component + fixed cost componenty=vx +fwhere

y= total mixed costsv= variable cost per unit of activity (slope)x= volume of activity f= fixed cost over a given period of time (vertical intercept)”