Question

Define augmented marginal cost​

Answer 1

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Answer 2

Augmented marginal cost:

Explanation:

• Negligible costing implies equivalent to variable costing.
• The word is the same old thing.
• Bookkeepers' idea of negligible expense is not quite the same as financial specialists' idea of minor expense.
• Financial experts characterize minimal expense as the extra expense of delivering an extra unit.
• The Institute of Cost and Works Accountants of India has characterized minor expense as "the sum on some random amount of result, by which absolute expense is supplanted, in the event that the amount of result is expanded or diminished by one unit".
• Minimal costing is a procedure for evaluating the adjustment of complete expense because of the increment of one unit at the present degree of result.
• Accordingly, it comes about because of delivering augmentations notwithstanding yield.