Question

Unit-3
1.What is Management Accounting?What is its scope?Also explain its objects.
2.what is Marginal costing ?and discuss its advantage and disadvantages.
3.Discuss CVP analysis BE analysis with suitable examples.​

Answer 1

Answer:

what is the marginal cost (mc) ?

the cost added by producing one additional unit of a product or service.

al cost example?

Marginal cost of production includes all of the costs that vary with that level of production. For example, if a company needs to build an entirely new factory in order to produce more goods, the cost of building the factory is a marginal cost.