Question

Under marginal costing cost is classified on the basis of?

Answer 1

Answer:

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Marginal costing is the base of valuation of stock of finished product and work in progress. ... Costs are classified on the basis of fixed and variable costs only. Semi-fixed prices are also converted either as fixed cost or as variable cost.

Explanation:

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Answer 2

Answer:

❥ Marginal costing is the base of valuation of stock of finished product and work in progress. ... Costs are classified on the basis of fixed and variable costs only. Semi-fixed prices are also converted either as fixed cost or as variable cost.

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