Question

what is marginal costing

Answer 1

Marginal cost is the expansion or abatement in the aggregate cost of a production running for making one extra unit of a thing.

In financial aspects, marginal cost is the adjustment in the opportunity cost that emerges when the amount created is increased by one unit, that is, it is the cost of delivering one more unit of a good.

To compute minor cost, you should take the adjustment in total cost divided by the adjustment in total output. Take the initial 2 lines of your chart. Subtract the aggregate cost of the first row (after headings) by the aggregate cost of the second column.

Answer 2

Marginal cost refers to the increase or decrease in cost of producing one more unit or serving one more customer. It is also known as incremental cost.