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Cost Accounting and Management Account
what is the difference between cost accounting and management account
ngodza22
- Jun 29th, 2008
Since fixed cost doesn't change whether you decide to produce or not to produce...eg rent, thus in marginal costing fixed cost element is removed so as to arrive at contribution... hence fixed cost is irrelevent cost in marginal costing
ngodza22
- Jun 29th, 2008
Cost accounting :is mainly concerned with data captive, recording, accumulation & interpretation of information cost of prodution so as enable management to focust & relevent decision.Manageme...
