Restrictions of Marginal Costing
Write down the restrictions of Marginal Costing?
Expert
The restrictions of Marginal Costing are illustrated below: - The categorization of total costs in fixed and variable cost is not easy.
- In this procedure fixed costs are completely eliminated for the valuation of inventory of ended and semi-finished goods. This elimination influences the profitability harmfully.
- In marginal costing past data is employed while management decisions are related to prospect events.
- It doesn’t offer any standard for the estimate of performance.
- Selling price fixed on the base of marginal cost will be valuable just for small period of time.
Provide a brief introduction of the term depreciation? Write down the causes of depreciation?
Write down the merits and drawbacks of acceptance rule ?
Briefly explain the things to avoid while preparing a bank reconciliation statement?
Write down the demerits of IFRSs.
What do you mean by the term User Account? Explain in brief?
Give a brief introduction of the term ‘Listed Company’?
For debentures who decides rate of interest?
Describe briefly the term Direct labor cost?
Briefly describe the term labor turnover, its Effects and cost?
Give a brief introduction of the term Floating rate bonds?
18,76,764
1952212 Asked
3,689
Active Tutors
1457768
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!