1

Which of the following statements are true? (a) Marginal costing is not an independent system of costing. (b) In marginal costing all elements of cost are divided into fixed and variable components. (c) In marginal costing fixed costs are treated as product cost. (d) Marginal costing is not a technique of cost analysis.

Correct Answer: A and B

Make the most of this question

This page focuses on one Management Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.