Managerial Accounting
Managerial Accounting
7th Edition
ISBN: 9781260247886
Author: Wild
Publisher: MCG
Question
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Chapter 6, Problem 2MCQ
To determine

Variable Costing:

Variable costing is also known as marginal costing as it is dynamic in nature, i.e., cost of manufacturing changes proportionally with the change in the units of production. Variable costing does not consider fixed costs; it only acknowledges variable costs which have a direct association with production.

To identify: The correct option.

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