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Accounting - Management of Accounting Which one of the following statements is not true of marginal costing? Marginal costing assumes that cost can be segregated
Accounting - Management of Accounting Which one of the following statements is not true of marginal costing? Marginal costing assumes that cost can be segregated or divided into fixed and variable elements. In the short run, fixed cost remains constant for the entire production volume. U Marginal costing helps in maintaining the desired level of profit. Marginal costing considers the fact that some fixed costs can be controlled
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