Discuss the following terms in relation to marginal costing. (a). Key factor, (b). P/V ratio, (c). Margin
Question:
Discuss the following terms in relation to marginal costing.
(a). Key factor,
(b). P/V ratio,
(c). Margin of safety.
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Marginal costing is a cost accounting method that focuses on the variable costs associated with producing goods or services It segregates costs into v...View the full answer
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