What is marginal costing?

Answer Posted / indrajeetgoyal

Marginal costing is also known as Variable Costing.It's a
costing method that includes only variable manufacturing
costs i.e direct materials, direct labour, and variable
manufacturing overhead - in the cost of a unit of product.

Is This Answer Correct ?    21 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1641


let me know the difference between net cash flow and income

1765


who is the pramotar?

1468


In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

3571


what is the good prasentation on interview

1737






someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2047


Expand ________FIPB

1635


What is difference between cash flow and funds flow?

1694


In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

1621


Is advance paid wages has credit balance?

1089


What is 100% EOu? what is the benifit and what is difficulty of it?

1682


what is Journal Entries?

1651


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1480


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1514


How can I find out my credit rating score for free?

1600