Accounting · Marginal Costing Assumptions
Which of the following is NOT a correct statement regarding the assumptions of Marginal Costing? (a) Total cost can be segregated into fixed and variable components. (b) Fixed cost per unit of production remains constant as output changes. (c) Variable cost per unit remains constant. (d) Selling price per unit remains unchanged.
- 1(b) and (c) only
- 2(c) and (d) only
- 3Only (a)
- 4Only (b)✓
Correct answer
Only (b)
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