What is semi variable cost?

Semi variable costs also known as stepped cost or hybrid costs are costs which contain both fixed and variable elements, which is, therefore partly affected by fluctuation in the volume of output or turnover (activity).




In order to make decision making using semi variable cost they must first be segregated into fixed and variable cost by using technique such as least square method, high low method and scatter graph method

4 thoughts on “What is semi variable cost?”

Leave a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: