Consider the following statements : (1) Marginal costing and absorption costing are the same. (2) For decision-making, absorption costing is more suitable than marginal costing. (3) Cost-volume-profit relationship also d
CS Executive · Cost and Management Accounting · PYQS · June 2017
Consider the following statements : (1) Marginal costing and absorption costing are the same. (2) For decision-making, absorption costing is more suitable than marginal costing. (3) Cost-volume-profit relationship also denote break-even point. (4) Marginal costing is based on the distribution between fixed and variable costs. Which of the statements given above are correct?
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Marginal Costing
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