Marginal Costing And Absorption Costing (Examples)

The basis of all financial accounting statements is absorption costing or total absorption costing , using absorption costing, operating statements don’t distinguish between fixed and variable costs, all costs are absorbed into production. Marginal costing on the other hand, distinguishes between fixed and variable costs. The marginal cost of a product is its variable cost.Continue reading “Marginal Costing And Absorption Costing (Examples)”