Question

Q. The marginal cost statement :
A Shows the gross profit
B is sent to the shareholders
C Shows classification of costs as direct and indirect.
D can be used to predict future profits at different levels of activity​

Answer 1

Explanation:

Marginal costing is the accounting system in which variable costs are charged to cost units and fixed costs of the period are written off in full against the aggregate contribution. Note that variable costs are those which change as output changes - these are treated under marginal costing as costs of the product