In a marginal costing system only variable costs would be assigned to products or services, in which
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Question:
In a marginal costing system only variable costs would be assigned to products or services, in which case management may rely on a contribution approach to decisions.
REQUIRED:
Explain and discuss the contribution approach to decisions giving brief examples and drawing attention to any limitations
Expert Answer:
Answer rating: 100% (QA)
The contribution approach to decisionmaking focuses on the concept of contribution margin which is the difference between total sales revenue and tota... View the full answer
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