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Semi Variable Costs
Are costs along with both a fixed and variable cost component? The fixed component is such portion that is constant irrespective of the level of activity. They are variable inside specific activity levels however are fixed in other activity levels, as displayed below:
Figure : Semi Variable Cost
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G. Mills was appointed a local agent for the High Power Mobile Workshop Bolt (HPMW-B) on 1 April 2009. The HPMW-B is manufactured by Mobile Equipment Ltd (MEL). The company charges
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