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Explain The Meaning Of Marginal Costing?

Answer»

MARGINAL costing is a special technique USED for managerial decision making. The technique of marginal costing is used to PROVIDE a BASIS for the interpretation of cost data to measure the profitability of different products, processes and cost centers in the course of decision making.

Marginal costing is a special technique used for managerial decision making. The technique of marginal costing is used to provide a basis for the interpretation of cost data to measure the profitability of different products, processes and cost centers in the course of decision making.



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