Marginal Costing Introduction - Accounts and Finance for Managers

It is one of the premier tools of management not only to take decisions but also to fix an appropriate price and to assess the level of profitability of the products / services. This is a only costing tool demarcates the fixed cost from the variable cost of the product / service in order to guide the firm to know the minimal point of sales to equate the cost of production. It is a tool of analysis highlighting the relationship in between the cost, volume of sales and profitability of the firm.

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