Question
Managerial Uses of Marginal Costing
Answer :
Word Count : 239
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Marginal costing is an important technique used in managerial decision-making where only variable costs are charged to products and fixed costs are treated as period costs. It helps management in understanding cost behavior and in making short-term operational decisions. The key concept in marginal costing is contribution, which is the difference between sales and variable cost. Contribution first covers fixed
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