Semi-variable cost: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Mend link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 8: | Line 8: | ||
== See also == | == See also == | ||
* [[Fixed cost]] | * [[Fixed cost]] | ||
* [[Semi-fixed cost]] | |||
* [[Variable cost]] | * [[Variable cost]] | ||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
Latest revision as of 15:22, 3 April 2021
A semi-variable cost has a fixed element and a variable element.
An example of this would be a telephone bill with a fixed line rental plus a rate per unit used.
If the total semi-variable cost were plotted on the y-axis of a graph, with the x-axis being the level of activity, the shape of the cost curve would be an upward-sloping ramp.
