Management accountants advocate that marginal costing is superior to absorption costing when assisting management with decision-making....
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Management accountants advocate that marginal costing is superior to absorption costing when assisting management with decision-making. In light of the above statement, discuss in detail the advantages of marginal costing as the basis of management reporting. (6) T Management accountants advocate that marginal costing is superior to absorption costing when assisting management with decision-making. In light of the above statement, discuss in detail the advantages of marginal costing as the basis of management reporting. (6) T
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Marginal costing is a costing method that focuses on the separation of fixed and variable costs It is an essential tool for management accounting as i... View the full answer
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