Tag Archives | Marginal Costing

Everything you need to know about the advantages and disadvantages of marginal costing. Marginal costing is the ascertainment of marginal costs and of the effect of changes in volume or type of output by differentiating between fixed costs and variable costs. Marginal costing is not a method of costing such as job costing, process costing and operating costing, etc., but [...]

Everything you need to know about application of marginal costing. Marginal costing techniques assist the management in the fixation of the selling price of different products. Marginal cost of a product is the guiding factor in the fixation of selling price. Generally, the selling price of a product is fixed at a level which not only covers the marginal cost [...]