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Which of the following is a key benefit of using marginal costing?

Practice Questions

1 question
Q1
Which of the following is a key benefit of using marginal costing?
  1. It provides a detailed analysis of fixed costs.
  2. It simplifies the decision-making process.
  3. It is required by GAAP.
  4. It allocates fixed costs to products.

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a key benefit of using marginal costing?
Solution: Marginal costing simplifies the decision-making process by focusing on variable costs and contribution.
Steps: 0

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