Can I read Marginal Costing for Short-Term Decisions on EtoBox?
Marginal Costing for Short-Term Decisions by aloksemail2011 is a document available to read on EtoBox.
What is Marginal Costing for Short-Term Decisions about?
Marginal costing is a method of cost accounting that considers only variable costs for decision making purposes. It treats fixed costs as sunk costs. While useful for short-term decision making by focusing on incremental costs and profits, marginal costing does not fully account for all relevant costs and can thus mislead for long-term decisions. It is best used as a supplementary tool and not for external financial reporting which requires accounting for all costs.
- Author
- aloksemail2011
- Language
- EN