Thursday, June 12, 2014

Questions with Answers on Absorption and Marginal Costing

Explain the meaning and limitations of Absorption Costing.
Explain the definition and nature of Marginal Cost.
Explain the features of Marginal Costing.
Explain the  Net Profit Under Marginal Costing and Absorption Costing.
What is the Difference Between Marginal Costing and Absorption Costing?

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