- This topic has 1 reply, 2 voices, and was last updated 2 months ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
- April 3, 2020 at 9:12 am
What is the difference between stepped fixed costs and semi variable costs?
April 3, 2020 at 9:50 amSemi-variable costs are part fixed and part variable.
Stepped fixed costs are costs that are fixed over a certain range but then increase and are fixed at a higher level.
This is all explained, with examples, in my free lectures on cost classification and behaviour. The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.
Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic.