Accountancy, asked by magrayyounis95, 10 months ago

marginal costing is also known as

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Answered by Anonymous

Explanation:

Marginal cost refers to the increase or decrease in the cost of producing one more unit or serving one more customer. It is also known as incremental cost.

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Answered by bhatiamona

Marginal costing is also known as...

Marginal costing is also known as __ incremental cost.__.

Explanation :

Marginal costing is also known as incremental cost.

Marginal cost refers to the increase or decrease in the cost of production of a single unit or service provided to a customer. Marginal costing is also known as incremental cost.

Marginal cost is variable in nature. These costs are based on the cost of production. Factors that affect marginal cost are labour, materials, equipment, etc.

The advantage of computing marginal cost is that it finds the point beyond which average cost increases as the number of goods produced further increases.

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