Under marginal costing, …………… costs are treated as period costs and charged to profit and loss account for the period for which they are incurred

Question

Quizplus · Accepted Answer

Under marginal costing, fixed costs are treated as period costs and are charged to the profit and loss account for the period in which they are incurred. Variable costs, on the other hand, are charged against revenue on a per-unit basis.

Under Marginal Costing, …………… Costs Are Treated as Period Costs