Question

State the order of the
following statements as True
(T) or False (F) for Marginal
Costing. i.Fixed Cost &
Variable cost both are
charged to the product. ii.
Fixed Cost is considered as
product cost. iii. Total
contribution for all the
departments is known as
funds.​

Answer 1

Answer:

Ans(i). False

Ans(ii) True

Ans(iii). True