Economics · Cost Accounting
Which of the following statements is correct regarding marginal costing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fixed costs are treated as product costs
- 2Variable costs are excluded from cost ascertainment
- 3Fixed costs are charged against contribution✓
- 4Closing stock includes fixed factory overheads
Correct answer
Fixed costs are charged against contribution
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