Question:
The technique in which only variable costs are taken into Account for the purpose of product costing, inventory valuation and other allied important management decisions is known as :
The technique in which only variable costs are taken into Account for the purpose of product costing, inventory valuation and other allied important management decisions is known as :
Updated On: Mar 15, 2024
- Absorption costing
- Marginal costing
- Standard costing
- Job costing
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The Correct Option is B
Solution and Explanation
The correct answer is (B) : Marginal costing.
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