13
Marginal Costing
CHAPTER OUTLINE
2. Features of Marginal Costing
3. Limitations of Marginal Costing
4. Two Underlying Principles in Marginal Costing
5. Basic Terms used in Marginal Costing
6. Important Formulae used in Marginal Costing
LEARNING OBJECTIVES
After reading this chapter, you should be able to understand:
- Meaning of marginal cost and marginal costing
- Features of marginal costing
- Limitations of marginal costing
- Application part of marginal costing
- Concept of break-even point (BEP)
13.1 INTRODUCTION
Marginal costing is basically concerned with the determination of product ...
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