Economics · Management Accounting
The technique of marginal costing is based upon which of the following assumptions? A. Fixed cost will tend to remain constant or unchanged for the entire volume of production B. Variable cost remains constant per unit of output irrespective of the level of output C. There will not be any change in pricing policy due to change in volume, competition, etc. D. Operating efficiency of the firm may increase or decrease Choose the correct answer from the options given below:
- 1A, B, and C only✓
- 2A, B, C and D
- 3A, B and D only
- 4A and B only
Correct answer
A, B, and C only
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