Question
What is marginal costing and absorption/full costing ? Why is variable costing relevant to decision making ? What is CVP analysis; BE analysis, and how
What is marginal costing and absorption/full costing ?
Why is variable costing relevant to decision making ?
What is CVP analysis; BE analysis, and how it is related to marginal costing ?
What are the assumption of marginal costing/cvp analysis ?
What is marginal cost, what are the features, advantages and limitations of marginal costing ?
Step by Step Solution
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Step: 1
Marginal costing also known as variable costing is a costing technique where only variable manufacturing costs are considered when determining the cos...
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
