…………..costs are the increase or decrease in total cost that result from producing additional or fewer units or from the adoption of an alternative course of action.
A) variable costs
B) fixed costs
C) marginal cost
D) differential cost
Correct Answer:
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Q12: Under marginal costing, ……… Costs are regarded
Q13: Under marginal costing, …………… costs are treated
Q14: Under marginal costing, stocks of finished goods
Q15: ………………..is the excess of sales over marginal
Q16: ………………..cost remains constant per unit of output
Q18: Marginal cost and differential cost are the
Q19: ………………is the practice of charging all costs,
Q20: In absorption costing, managerial decision making is
Q21: Given sales = 150000, Fixed costs =
Q22: The Profit/Volume ratio or marginal ratio expresses
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