Semi-variable cost: Difference between revisions
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== See also == | == See also == | ||
* [[Fixed cost]] | * [[Fixed cost]] | ||
* [[Semi- | * [[Semi-fixed cost]] | ||
* [[Variable cost]] | * [[Variable cost]] | ||
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.
