The main difference between marginal cost and absorption costing is regarding
Answers
Answered by
0
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.
Explanation:
mark me as brainliest
Answered by
0
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:
hope it helps u
Similar questions
Chemistry,
3 days ago
Biology,
3 days ago
Science,
7 days ago
India Languages,
7 days ago
Science,
8 months ago