costing is also called variable costing
a) Marginal
b) Standard
c) Historical
d) Uniform
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Explanation:
a. marginal
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(a) Marginal
- Marginal cost is adjusting the complete expense when the amount delivered is augmented by one. It is the expense of creating another decent unit, and the marginal cost of creation is paying an extra proper team.
- They are the general change in price when a purchaser builds the sum bought by one unit. Marginal cost can assist firms with deciding the level at which it accomplishes economies of scale.
- There are various types of marginal costs, including peripheral social expenses, minimal private expenses, and peripheral outer expenses.
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