In absorption costing, (1) ___________are factored into the product's price. In contrast, only (2) _________are considered product costs in marginal costing.
In absorption costing, both variable and fixed costs are included in the product's cost, which means that these costs are absorbed by the product. This is because absorption costing assigns all manufacturing costs to the product, including both variable and fixed costs. On the other hand, marginal costing only considers variable costs as product costs. This is because marginal costing only takes into account the costs that vary with the level of production. In other words, marginal costing only considers the direct costs associated with producing a unit of product, such as the cost of materials, direct labour, and variable overhead.
Under section 65 of Indian Penal Code, 1860, the term for which the court directs the offender to be imprisoned in default of payment of a fine shall:
Mark the correct statement_______
Who has the been vested with the power to establish the Depositor Education and Awareness Fund as per section 26A of the Banking Regulation Act?
In computing the period of limitation for filing a suit the day on which it is reckoned ______.
No banking company shall pay any dividend on its shares until all its capitalised expenses including ____________________have been completely written off
When is a gang rape said to have been committed?
Under section 13 of Indian Penal Code, 1860, definition of Queen' was repealed by:-
According to Section 27 of the Registration Act, 1908 A Will may be presented or deposited______.
Doctrine of Indoor Management of Companies Act 2013 is in the favor of?
At sight under the negotiable instrument Act means: