Under marginal costing system, product costs are:

CS Executive · Cost and Management Accounting · PYQS · June 2017
Under marginal costing system, product costs are:
(A) Equal to fixed cost plus variable costs
(B) Equal to only marginal costs
(C) Equal to semi-variable costs
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Marginal Costing

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