Accounting · Cost and Management Accounting
The costing technique in which only variable costs are taken into account for product costing, inventory valuation, and other important management decisions is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Job costing
- 2Standard costing
- 3Marginal costing✓
- 4Absorption costing
Correct answer
Marginal costing
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