Which of the following are advantages of marginal costing? (1) Pricing decision (2) True profit (3) Difficulty to classify (4) Ignores time value (5) Break-even analysis (6) Contribution is not final (7) Control over exp

CS Executive · Cost and Management Accounting · PYQS · June 2017
Which of the following are advantages of marginal costing? (1) Pricing decision (2) True profit (3) Difficulty to classify (4) Ignores time value (5) Break-even analysis (6) Contribution is not final (7) Control over expenditure Codes:
(A) 1, 3, 5 and 7
(B) 1, 2, 5 and 7
(C) 3, 4, 6 and 7
(D) 1, 2, 6 and 7

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Marginal Costing

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