The marginal cost of an additional unit of output is the
cost of the additional inputs needed to produce that
output. More formally, the marginal cost is the derivative
of total production costs with respect to the level of
output.
The marginal cost of production is the increase in total
cost as a result of producing one extra unit. The concept
of marginal cost in economics is similar to the accounting
concept of variable cost. It is the variable costs
associated with the production of one more unit.
Marginal costs are not constant. For example a factory may
be operating at the highest capacity it can with all
workers working normal full time hours, so increasing
production by one more unit would mean paying overtime, so
the marginal cost would be higher than the current variable
cost per unit.
Conversely, an input may become cheaper as the quantities
purchased rise (e.g. quantity discounts), so marginal costs
may fall as production increases.
The marginal cost of an additional unit of output is the
cost of the additional inputs needed to produce that
output. More formally, the marginal cost is the derivative
of total production costs with respect to the level of
output.
The marginal cost of production is the increase in total
cost as a result of producing one extra unit. The concept
of marginal cost in economics is similar to the accounting
concept of variable cost. It is the variable costs
associated with the production of one more unit.
Marginal costs are not constant. For example a factory may
be operating at the highest capacity it can with all
workers working normal full time hours, so increasing
production by one more unit would mean paying overtime, so
the marginal cost would be higher than the current variable
cost per unit.
Conversely, an input may become cheaper as the quantities
purchased rise (e.g. quantity discounts), so marginal costs
may fall as production increases.
The change in total cost that comes from making or
producing one additional item. The purpose of analyzing
marginal cost is to determine at what point an organization
can achieve economies of scale. The calculation is most
often used among manufacturers as a means of isolating an
optimum production level.
Marginal cost is a cost that should be incurred due to
additional unit of output. In another word we can say that
change in Total cost due to change in output. It’s totally
related to the variable cost .Example. ---When the total
cost 100 at 5 unit and variable cost 120 at 6 unit output.
The marginal cost = %change in Total cost / %change in
output i.e.20/1=20.
Please help in payroll accounting in tally 9.0, by all
means and all things in it (Ex:creation of pay heads,
employyes groups, etc and other things which are necessary
for payroll accounting).
what is assesment? who do the assesment by income tax or
sale tax,and when doing the assesment?what is the perod
limit of assesment? assesment order sent by income tax or
sale tax which form?
Did you received any Funny E-Mails from your Friends and like to share with rest of our friends? Yeah!! you can post that stuff 
Site Map
