Economics · Marginal Costing
Which of the following statements are correct regarding a marginal costing system? 1. Closing stock is valued at variable production cost. 2. Fixed factory overhead is treated as a period cost. 3. Profit is influenced by changes in inventory level. 4. Contribution equals sales minus marginal cost.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 12 and 3 only
- 21 and 3 only
- 31, 2, 3 and 4
- 41, 2 and 4 only✓
Correct answer
1, 2 and 4 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Marginal Costing MCQs →Want more practice questions on Marginal Costing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Marginal Costing