Question

Marginal costing technique follows the following basis of classification:

Q: Answer-Marginal costing technique follows the following basis of classification:

Marginal costing technique classifies costs based on their behavior. It distinguishes between variable costs, which vary with the level of production or activity, and fixed costs, which remain unchanged regardless of the level of production.

A Element wise

B Function-wise

C Behavior-wise

D Identifiability-wise

E All of the above

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Marginal costing technique follows the following basis of classification:

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