Features of Marginal Costing

1. All the costs are classified into fixed and variable cost. Variable cost varies according to the level of activity but the per unit variable cost remains fixed. Fixed cost is fixed in absolute value at any level of activity.

2. Under marginal costing, the fixed cost is treated as period cost while the variable cost is treated as product cost.

3. Inventories are valued at marginal cost.

4. When marginal costing is used in process costing, the products are transferred from process to process at marginal cost.

5. The product is priced on the basis of marginal cost and contribution.

6. The profitability of products and divisions are determined on the basis of contribution margin.

7. Under marginal costing, the importance is given to total contribution and contribution from each product while presenting the data.

8. There is no effect of differences in the amount of opening stock and closing stock on unit cost of production in marginal costing.

Email based Accounting assignment help - homework help at Expertsmind

Are you searching Accounting expert for help with Features of Marginal Costing questions?  Features of Marginal Costing topic is not easier to learn without external help?  We at www.expertsmind.com offer finest service of Accounting assignment help and Accounting homework help. Live tutors are available for 24x7 hours helping students in their Features of Marginal Costing related problems. We provide step by step Features of Marginal Costing question's answers with 100% plagiarism free content. We prepare quality content and notes for Features of Marginal Costing topic under  Accounting theory and study material. These are avail for subscribed users and they can get advantages anytime.

Why Expertsmind for assignment help

1. Higher degree holder and experienced experts network
2. Punctuality and responsibility of work
3. Quality solution with 100% plagiarism free answers
4. Time on Delivery
5. Privacy of information and details
6. Excellence in solving Accounting questions in excels and word format.
7. Best tutoring assistance 24x7 hours