Question

How product profitability can be ascertained with technique of marginal costing?

Answer 1

Marginal cost is a term used to describe the change in total cost of production resulting from the addition of one item. Marginal Costing is that technique of costing in which cost and profit are ascertained on the basis of marginal cost per unit.

Answer 2

Marginal cost is a term used to describe the change in total cost of production resulting from the addition of one item. Marginal Costing is that technique of costing in which cost and profit are ascertained on the basis of marginal cost per unit. ✔