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49 Identify the correct statement from the following: a In marginal costing, the closing stock is valued at both variable and fixed cost per unit

49\ Identify the correct statement from the following:

a\ In marginal costing, the closing stock is valued at both variable and fixed cost per unit

b\ In marginal costing, fixed selling expense is treated as product cost

c\ In marginal costing, fixed manufacturing costs are treated as period cost

d\ Marginal costing is also known as variable costing

50\ Select the most suitable basis for allocation of the insurance of building:

a\ No. of cars

b\ Floor area

c\ Number of employees

d\ Number of light points

choose the correct answer . Give me the question number and answer code. I hope that you will help me and solve all the questions. Thank.

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