Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only
A) variable costs
B) fixed costs
C) marginal cost
D) none of these
Correct Answer:
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Q9: ………. Is the increase or decrease in
Q10: …………cost is defined as the aggregate of
Q11: Marginal costing is a …………… of costing
A)system
B)method
C)technique
D)all
Q12: Under marginal costing, ……… Costs are regarded
Q13: Under marginal costing, …………… costs are treated
Q15: ………………..is the excess of sales over marginal
Q16: ………………..cost remains constant per unit of output
Q17: …………..costs are the increase or decrease in
Q18: Marginal cost and differential cost are the
Q19: ………………is the practice of charging all costs,
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