Correct Answer: The difference between selling price and variable cost
Explanation:
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Marginal costing technique helps the management in deciding _____
The other name of marginal costing is _______
Sales Rs. 100000, variable cost Rs. 50000 and net profit ratio is 10% on sales, find out fixed cost.
Profit volume ratio establishes the relationship between _______
Contribution/sales is equal to _______
True or False: If a company requires a profit of $30,000 (instead of breaking even), the $30,000 should be combined with the fixed expenses in order to compute the point at which the company will earn $30,000.
True or False: The standard cost of direct materials is the cost the manufacturer should have used to make the good output.
True or False: Activity-based costing can be used to allocate SG&A expenses in order to assist management with pricing and other marketing decisions.
Partly finished goods that a manufacturer may have on hand at the end of an accounting period is known as ...?
Which of the mentioned payroll cost(s) represent direct labor?