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Marginal Costing
Explain briefly the technique of marginal costing. In what ways do you consider this technique useful in management accounting?


  
Total Answers and Comments: 1 Last Update: October 19, 2009     Asked by: ragasagri 
  
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October 18, 2009 02:45:36   #1  
sush_834 Member Since: October 2009   Contribution: 1    

RE: Marginal Costing
Marginal costing is also known as Direct costing or Variable costing. In U.K it is called Marginal Costing . It is an economic concept. Marginal cost is derived from the word Margin . It is the additional cost of producing additional units.
Marginal cost is as the amount of any given volume of output by which aggregate costs are changed volume of output is increased or decreased by one unit.

 
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