Geography, asked by ljungkook2020, 7 days ago

The main difference between marginal cost and absorption costing is regarding​

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Answered by praniti1211
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Answer:

Marginal costing is a cost management technique that is used to determine the total cost of production. Absorption costing refers to the technique that allocates or apportions the total costs incurred to various cost centers to separately determine the cost of production in relation to each cost center.

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Answered by snehabara07
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Answer:

The key differences between marginal and absorption costing are: Purpose – marginal costing enables well informed short-term decision making, and absorption costing calculates the cost of output as well as providing the closing inventory valuation for inclusion in the financial statements

Explanation:

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