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Problem
Marginal costing plays a major role in making certain decisions. It provides information to management regarding the behaviour of costs and the incidence of such costs on the profitability of an undertaking. Please explain the advantages of marginal costing.
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What is Standard costing Standard cost is a predetermined cost. It is a determination in advance of production of what should be the cost. When standard costs are used for the
depreciation,depletion and amortisation
The advantages and disadvantages of standard costing The benefits for controlling having a standard costing system in operation can be summed up as follows; Cautiously pl
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analyse the methods of capital investment appraisal
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