Economics · Marginal Costing
Which of the following are key assumptions of Marginal Costing? (a) All cost elements can be segregated into fixed and variable components. (b) Total fixed cost remains constant at all levels of output. (c) Total variable cost varies proportionally with output volume. (d) Selling price per unit remains constant across operating levels.
- 1All of (a), (b), (c), and (d)✓
- 2(a) and (d) only
- 3(b) and (c) only
- 4(a) and (b) only
Correct answer
All of (a), (b), (c), and (d)
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