Which of the following statements are true about marginal costing
a) Marginal cost can be calculated by taking the total cost and dividing by the number of units.
b) Marginal cost is the incremental cost of one more unit.
c) Marginal cost will always be less than average cost.
d) Average cost is more useful than marginal cost.
e) Two of the answers stated above are correct
b) Marginal cost is the incremental cost of one more unit.
Managers utilize marginal costing for
A. Make or buy decision
B. Utilization of additional capacity
C. Determination of dumping price
D. All of the above
D. All of the above
Marginal Costing is also known as
A. Direct costing
B. Variable costing
C. Both A and B
D. None of the above
C. Both A and B
Production cost under marginal costing includes
A. prime cost only .
B. prime cost and fixed overhead .
C. prime cost and variable overhead.
D. prime cost, variable overhead and fixed overhead.
C. prime cost and variable overhead.
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
Contribution margin in marginal costing is also known as
a) Net income
b) Gross profit
c) Marginal income
d) None of the above
c) Marginal income
Which is not a feature of marginal costing mcq
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
In Marginal Costing stock of finished goods is valued at
A. Fixed Cost
B. Variable Cost
C. Inventory
D. sales
B. Variable Cost
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,